3402 HWY. 80

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3402 HWY. 80

Rayville, LA 71269
Asking Price
$1.13M
Asset Type
Commercial Land
Class
Class B

What's Special

3402 HWY. 80, Rayville, LA 71269 <ul><li>​2 Acre Commercial Lot on the corner of Hwy 80 and Bee Bayou Road</li><li>​Approximately 1 mile from I-20</li><li>​Located within 2 miles of the Meta AI Data Center and two proposed Entergy Power Plants</li><li>​One of the busiest intersections in Richland Parish with a new traffic light recently installed</li><li>​Current owner is leasing 6 manufactured homes on site for approximately $7000/month. An additional unit available to lease upon purchase</li><li>​Excellent location for multip

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NOI
$80,000
Cap Rate
7.07%
DSCR
1.19
Tight
Cash-on-Cash
3.77%
Monthly Payment
$5,600.518
Annual Cash Flow
$12,793.78

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