Updated Oct 28, 2024
293 Blettner Avenue, LLC Acquires 104.32 Acres Land In Conewago Twp, PA For $3.44M
293 N Blettner Ave, Hanover, Conewago, PA, USA
$3,440,000
$1,475/SF
Building Size
2,331 SF
Asset Type
—
Closing
Sep 1, 2021
About this deal
AI
The land located at 293 N Blettner Ave in Conewago Twp, PA has been sold in a closed transaction. The property spans across 104.32 acres, with a price per acre (PPA) of $32,975. The sale took place on September 2, 2021.
Summary of Transaction Details
- Property Type: Land
- Transaction Amount: $3,440,000
- Address: 293 N Blettner Ave, Conewago Twp, PA
- Market: Conewago Twp, PA
The buyer of the property is 293 Blettner Avenue, LLC, while the seller is Blettner Avenue Limited Partners. The deal was facilitated by Bode and Kevin Hodge, CCIM, representing ROCK Commercial Real Estate.
Hanover CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.61%
Cash-on-Cash
-1.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93