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🏢 Just listed — Commercial Land for sale in Alpena, MI.

📍 V/L 40AC Hamilton, Alpena, MI
🏷  Commercial Land · For Sale
💰 $132K

Land | 40 acres

Full financials, photos, and broker contact:
https://commrty.com/property/michigan/alpena/vl-40ac-hamilton-2587014-for-sale?utm_source=linkedin&utm_medium=share&utm_campaign=pdp&utm_content=vl-40ac-hamilton-2587014

#Alpena #Land #CommercialRealEstate #CRE #Investment

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Home/MI/Alpena

V/L 40AC Hamilton

Alpena, MI 49707

Asking Price

$132K

Asset Type

Commercial Land

Class

Class B

What's Special

Land | 40 acres

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Purchase Price ($)

Down Payment (%)Interest Rate (%)

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

NOI

$80,000

Cap Rate

60.61%

DSCR

10.21

Strong

Cash-on-Cash

182.23%

Monthly Payment

$653.064

Annual Cash Flow

$72,163.232

Location & Travel Times

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