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🏢 Just listed — Commercial Land for sale in Covington, LA.

📍 HWY 1077, Covington, LA
🏷  Commercial Land · For Sale
💰 $11.37M

HWY 1077 Land | 30.72 acres

Full financials, photos, and broker contact:
https://commrty.com/property/louisiana/covington/31-acres-hwy-1077-2602251-for-sale?utm_source=linkedin&utm_medium=share&utm_campaign=pdp&utm_content=31-acres-hwy-1077-2602251

#Covington #Land #CommercialRealEstate #CRE #Investment

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Home/LA/Covington

HWY 1077

Covington, LA 70433

Asking Price

$11.37M

Asset Type

Commercial Land

Class

Class B

What's Special

HWY 1077 Land | 30.72 acres

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Purchase Price ($)

Down Payment (%)Interest Rate (%)

Amortization (years)Annual Gross Income ($)Annual Expenses ($)

NOI

$80,000

Cap Rate

0.70%

DSCR

0.12

Underwater

Cash-on-Cash

-17.45%

Monthly Payment

$56,274.261

Annual Cash Flow

$-595,291.13

Location & Travel Times

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