Updated Dec 4, 2024
Land Parcel In Lanesborough, MA Sold For $2M With Seller's Rep Mariano Saal - TIR Prime Properties Corp
Brodie Mountain Road
$2,000,000
Building Size
—
Asset Type
Land
Closing
Jan 24, 2024
About this deal
AI
In Lanesborough, MA, a land parcel spanning approximately 550 acres on Broadie Mountain Rd was sold for $2,000,000.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $2,000,000
- Address: Broadie Mountain Rd
- Market: Lanesborough, MA
- Seller's Representative: Mariano Saal - TIR Prime Properties Corp.
Mariano Saal of TIR Prime Properties Corp. acted as the seller's representative in the transaction.
The land sale at Brodie Mountain Road in Lanesboro, Massachusetts sold for $2M in 2024. Brodie Mountain Road is classified as Land on Traded. Mariano Saal, TIR Prime Properties appear on the sale alongside TIR Prime Properties. This page is the Lanesboro, Massachusetts file for the Brodie Mountain Road land sold: pricing, party profiles, and other closed land comps from the same Lanesboro sit in the Market section below. Filter that Lanesboro land set by closing date to see what else sold near Brodie Mountain Road around 2024. Published consideration for Brodie Mountain Road is $2M, dated 2024. Cite this Land Parcel In Lanesborough, MA Sold For $2M With Seller's Rep Mariano Saal - TIR Prime Properties Corp sale when underwriting similar land product around Lanesboro, Massachusetts.
On the Map
$2,000,000
Land
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Lanesboro Land Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.93%
Cash-on-Cash
-2.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93