SOLDLand
Brandon Beyer - Jim Sullivan Realty Sells 192.9-acre Land In Elizabeth For $1.42M
$1,419,280
Building Size
—
Asset Type
Land
Closing
Mar 28, 2024
AI
A 192.9-acre land parcel located at TBD South Massbach Road in Elizabeth was sold for $1.42 million.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $1,419,280
- Address: TBD South Massbach Road
- Market: Elizabeth
- Asset Type: Land
- Acres: 192.9
Brandon Beyer of Jim Sullivan Realty facilitated the transaction.
Players
Market Land Market Snapshot
Boundary boundary · Land · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
11.18%
Cash-on-Cash
-3.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93