Huntley Land Sold For $1.49M With Buyer's Rep Dan Jones & Seller's Rep Christopher Popp
8020 Haligus Road
$1,489,000
Building Size
—
Asset Type
Land
Closing
Aug 29, 2023
About this deal
AI
A 74.45-acre land parcel located at 8020 Haligus Road in Huntley was sold for $1,489,000. The transaction was managed by Dan Jones of Entre Commercial Realty, representing the buyer, and Christopher Popp of Baird & Warner, representing the seller.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $1,489,000
- Address: 8020 Haligus Road, Huntley
- Market: Huntley
- Acres: 74.45
- Buyer's Representative: Dan Jones - Entre Commercial Realty
- Seller's Representative: Christopher Popp - Baird & Warner
The buyer, represented by Dan Jones of Entre Commercial Realty, and the seller, represented by Christopher Popp of Baird & Warner, completed the transaction for the 74.45-acre land parcel located at 8020 Haligus Road in Huntley. This successful deal demonstrates the expertise and negotiation skills of both the buyer's and seller's representatives.
On the Map
$1,489,000
Land
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Huntley Land Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.65%
Cash-on-Cash
-3.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93