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0 Joe Parker Road

Devora Munk & Devorah Werther Of HomeSmart First Advantage Facilitate Sale Of Lakewood Land For $5M At 0 Joe Parker Road
SOLDLand

Devora Munk & Devorah Werther Of HomeSmart First Advantage Facilitate Sale Of Lakewood Land For $5M At 0 Joe Parker Road

0 Joe Parker Road

$5,000,000

Building Size

Asset Type

Land

Closing

Mar 1, 2024

AI

The property involved in the transaction is a piece of land located at 0 Joe Parker Road in Lakewood. The sale price for this land was $5,000,000.

Summary of transaction details:

  • Property Type: Land
  • Transaction Amount: $5,000,000
  • Address: 0 Joe Parker Road
  • Market: Lakewood

Devora Munk and Devorah Werther of HomeSmart First Advantage acted as the brokers for this deal, facilitating the successful sale of the land at 0 Joe Parker Road.

Players

Devora Munk

HomeSmart Realty Group

Broker

$11.5M

vol

2 deals

Broker

Lakewood 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

3.17%

Cash-on-Cash

-0.91%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93