Land Parcel In Apple River Sold For $1.27M With Broker James Sullivan
$1,270,000
Building Size
—
Asset Type
Land
Closing
Oct 2, 2023
AI
A land parcel of 118 acres located at TBD North Canyon Park Road in Apple River was sold for $1,270,000. The transaction was brokered by James Sullivan of Jim Sullivan Realty.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $1,270,000
- Market: Apple River
- Address: TBD North Canyon Park Road
- Broker: James Sullivan - Jim Sullivan Realty
The sale of the 118-acre land parcel at TBD North Canyon Park Road in Apple River was facilitated by James Sullivan from Jim Sullivan Realty. The transaction marks an important development in the real estate market of Apple River, offering opportunities for potential buyers looking to invest in large land assets. James Sullivan's expertise and experience in the field of real estate will likely contribute to the success of this transaction for both the buyer and seller.
Players
Market 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
12.49%
Cash-on-Cash
-3.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93