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DISTRICT-2, LA 71417
Asking Price
$875K
Asset Type
Residential Land
Class
Class B

What's Special

218± Acres — Prime Farm & Timberland on Hwy 71, Colfax, LA <ul><li>​<strong style="color: rgba(26, 26, 26, 1)">218± total acres</strong><span style="color: rgba(26, 26, 26, 1)"> in Grant Parish, Louisiana</span></li><li>​<strong style="color: rgba(26, 26, 26, 1)">60% fertile farmland</strong><span style="color: rgba(26, 26, 26, 1)"> — suitable for cultivation or pasture</span></li><li>​<strong style="color: rgba(26, 26, 26, 1)">40% timberland</strong><span style="color: rgba(26, 26, 26, 1)"> — mature cover ideal for hunting and recreation</span></li><li

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NOI
$80,000
Cap Rate
9.14%
DSCR
1.54
Strong
Cash-on-Cash
10.69%
Monthly Payment
$4,329.023
Annual Cash Flow
$28,051.729

Location & Travel Times