TBD Main Street

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TBD Main Street

GREENWOOD, AR 72936
Asking Price
$2.00M
Asset Type
Residential Mixed-use
Class
Class B

What's Special

BUILD THE NEIGHBORHOOD EVERY BUYER IS WAITING FOR | Welcome to Gold Creek Estates <ul><li>​54.85± acres of residential development land</li><li>​Approximately 100 pre-platted residential lots</li><li>​Approved for three development phases</li><li>​Located in the award-winning Greenwood School District</li><li>​Strong demand driven by limited new-home inventory</li><li>​Less than one mile from schools, shopping, and parks</li><li>​Convenient access to Highway 71, Fort Smith, and Chaffee Crossing</li><li>​Development-ready opportunity with significant time savings compared to r

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NOI
$80,000
Cap Rate
4.00%
DSCR
0.67
Underwater
Cash-on-Cash
-6.46%
Monthly Payment
$9,894.909
Annual Cash Flow
$-38,738.905

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