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11488 Seely Lane
Brooksville, FL 34613
Asking Price
$1.87M
Asset Type
Commercial Land
Class
Class B
What's Special
40.4± Acres - Approved 142-lot residential Planned Development Project (PDP) <ul><li><span style="color: rgba(49, 66, 61, 1)">Approved for </span><strong style="color: rgba(49, 66, 61, 1)">142 single-family residential lots</strong></li><li><strong style="color: rgba(49, 66, 61, 1)">PDP zoning in place</strong><span style="color: rgba(49, 66, 61, 1)"> with adopted master plan</span></li><li><span style="color: rgba(49, 66, 61, 1)">40.4± acres in </span><strong style="color: rgba(49, 66, 61, 1)">Hernando County growth corridor</strong></li><li><strong style="color: rg
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NOI
$80,000
Cap Rate
4.28%
DSCR
0.72
Underwater
Cash-on-Cash
-5.53%
Monthly Payment
$9,251.74
Annual Cash Flow
$-31,020.876
