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1190 South Arkansas Street
Springhill, LA 71075
Asking Price
$1.10M
Asset Type
Auto Shop Hospitality
Class
Class B
What's Special
Redevelopment Opportunity | Oversized 2.4 AC Lot | Can Be Delivered Vacant <p><strong style="color: rgba(6, 34, 57, 1)">Oversized Lot</strong></p><ul><li><span style="color: rgba(6, 34, 57, 1)">The property sits on approximately 2.44 acres of land</span></li></ul><p><strong style="color: rgba(6, 34, 57, 1)">Robust Recreational Opportunities</strong></p><ul><li><span style="color: rgba(6, 34, 57, 1)">Springhill draws a significant number of visitors for its many recreational offerings, such as boating and fishing at Williams Lake and Murray Lake, its annual Lumberjack
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NOI
$80,000
Cap Rate
7.27%
DSCR
1.22
Tight
Cash-on-Cash
4.45%
Monthly Payment
$5,442.2
Annual Cash Flow
$14,693.602