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Taylor Court Circle Southeast
Huntsville, AL 35763
Asking Price
$4.20M
Asset Type
Shopping Center Retail
Class
Class B
What's Special
Fully Entitled 9.86 Acre Mixed-Use Development Opportunity <p>9.86± Acres of prime development land</p><p>Fully entitled mixed-use planned community</p><p>Approved for:</p><p>392 Apartment Homes</p><p>22,610 SF Commercial/Retail Space</p><p>Community amenities and supporting infrastructure</p><p>Zoned C-4 Commercial</p><p>Located within the rapidly growing Greater Huntsville Metropolitan Statistical Area (MSA)</p><p>Strategic location serving Huntsville, Hampton Cove, and Owens Cross Roads growth corridors</p><p>Comprehensive due diligence package avail
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NOI
$80,000
Cap Rate
1.90%
DSCR
0.32
Underwater
Cash-on-Cash
-13.44%
Monthly Payment
$20,779.308
Annual Cash Flow
$-169,351.701
