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Brandon Beyer - Jim Sullivan Realty Sells 192.9-acre Land In Elizabeth For $1.42M
SOLD
$1,419,280
Kentucky
See Similar DealsLand
Sold 03/28/2024
SOLD
Brandon Beyer - Jim Sullivan Realty Sells 192.9-acre Land In Elizabeth For $1.42M
Land
Sold 03/28/2024
Summary
Asset Type:Land
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$75,694.92
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,042.42
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,728.11
Annual Debt Service$80,737.34
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