Ocean View Land Development Opportunity in Playa

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Ocean View Land Development Opportunity in Playa

Des Moines, IA 50309
Asking Price
$1.50M
Asset Type
Land
Class
Class B

What's Special

Land | 52.42 acres

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NOI
$80,000
Cap Rate
5.34%
DSCR
0.90
Underwater
Cash-on-Cash
-2.00%
Monthly Payment
$7,416.234
Annual Cash Flow
$-8,994.809

Location & Travel Times