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1007 Scottsboro Highway
Guntersville, AL 35976
Asking Price
$1.49M
Asset Type
Residential Land
Class
Class B
What's Special
Prime 46-Acre RV Park Development Opportunity In Guntersville, AL <p>46 Acres of Hillside view of Lake Guntersville. This property offers tremendous potential for investors. water, electricity, and private sewer available. With just 8-minutes to downtown Guntersville, this is a prime location for retreat and relaxation. It has 30 lots currently, with the ability to add more. Remaining acreage could be used for small cabins, recreation, or houses.</p>
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NOI
$80,000
Cap Rate
5.37%
DSCR
0.90
Underwater
Cash-on-Cash
-1.89%
Monthly Payment
$7,371.707
Annual Cash Flow
$-8,460.484
