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0 OLD STAGE RD
REPTON, AL 36475
Asking Price
$369K
Asset Type
Agricultural Land
Class
Class B
What's Special
Leased farmland with sustainable income, 16± wooded acres, and no zoning or permits near I-65 <ul><li>Sustainable farm income already in place</li><li>76± total acres — 60± farmland, 16± wooded</li><li>Truly unrestricted: no zoning, no permits required</li><li>Plenty of hunting, recreation, and a great homesite</li><li>Natural gas and power available</li><li>Level, high/dry; 2 parcels</li><li>Convenient I-65 access</li><li>Seller will sell back 40-acre parcel with an easement separately for $5,500/acre</li></ul>
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NOI
$80,000
Cap Rate
21.70%
DSCR
3.66
Strong
Cash-on-Cash
52.56%
Monthly Payment
$1,823.632
Annual Cash Flow
$58,116.42
