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E KNOBSTONE LN
MARTINSVILLE, IN 46151
Asking Price
$5.99M
Asset Type
Agricultural Land
Class
Class B
What's Special
Prime Central IN Land • 63.52 Acres <ul><li>~63.52 contiguous acres</li><li>Immediate access to I-69</li><li>Minutes from Center Grove, Greenwood, and Bargersville</li><li>Located near the Morgan-Johnson County line</li><li>Surrounded by existing residential development</li><li>Strong long-term population growth fundamentals</li><li>Potential future residential development opportunity (subject to approvals)</li></ul>
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NOI
$80,000
Cap Rate
1.34%
DSCR
0.22
Underwater
Cash-on-Cash
-15.34%
Monthly Payment
$29,635.252
Annual Cash Flow
$-275,623.021
