Land Partners, LLC Acquires 3.30 Acres Of Land In Homer Glen, IL For $1.02M
Greystone Dr, Austin, TX, USA
$1,020,000
$7/SF
Building Size
143,748 SF
Asset Type
—
Closing
Oct 18, 2021
About this deal
AI
A 3.30-acre land located at 0 Greystone Dr in Homer Glen, IL was recently sold for a total price of $1,020,000. The transaction took place on 10/18/2021. David Loeb from Land Partners, LLC represented the seller in this sale.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $1,020,000
- Market: Homer Glen, IL
- Address: 0 Greystone Dr
- Size: 3.30 acres
This transaction was facilitated by David Loeb, a broker from Land Partners, LLC. The sale of this land demonstrates the continued demand for properties in Homer Glen, IL.
Players
Austin 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
15.55%
Cash-on-Cash
-4.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93