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
Lakewood 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
3.17%
Cash-on-Cash
-0.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93