Updated Nov 4, 2023
Landvest, Inc Facilitates Sale Of 206.63-Acre Land In Southwick, MA For $2,065,000
56 N Longyard Rd Southwick, MA 01077, USA
$2,065,000
Building Size
—
Asset Type
Land
Closing
Jul 17, 2023
About this deal
AI
A 206.63-acre land located at 56A N Longyard Rd in Southwick, MA has been sold for $2,065,000. The transaction was facilitated by Keith Ross from Landvest, Inc.
Summary of transation details
- Property Type: Land
- Transaction Amount: $2,065,000
- Address: 56A N Longyard Rd, Southwick, MA
- Market: Southwick, MA
- Broker: Keith Ross - Landvest, Inc
The deal involved Keith Ross from Landvest, Inc, who brokered the transaction between the buyer and seller. The property, spanning 206.63 acres, represents a significant land acquisition in Southwick, MA.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.68%
Cash-on-Cash
-2.20%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93