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8020 Haligus Road

Huntley Land Sold For $1.49M With Buyer's Rep Dan Jones & Seller's Rep Christopher Popp
SOLDLand

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

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.

Players

Daniel T. Jones

Entre Commercial Realty

Broker

$1.5M

vol

7 deals

Broker

Huntley Land Market Snapshot

Boundary boundary · Land · Sale transactions

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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