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1720, 1800, 1880 Church Lake Blvd
Victoria, MN 55386
Asking Price
Contact for price
Asset Type
Residential Land
Class
Class B
What's Special
Land | 18.59 acres <ul><li>Great location for residential development. Property can support a variety of housing types.</li></ul><p></p><ul><li>Located near parks, retail, Deer Run Golf Course, and schools</li></ul><p></p><ul><li>City of Victoria one of fastest growing communities in MN with average home price of $602,127 (Zillow)</li></ul><p></p><ul><li>Quick access to Hwy 5 and short walk to downtown Victoria</li></ul><p></p><ul><li>Zoned Low Density Residential District – R-1</li></ul><p></p><ul><li>ISD 1
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
