470 River Styx Road

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470 River Styx Road

Hopatcong, NJ 07843
Asking Price
$1.90M
Asset Type
Restaurant Retail
Class
Class B

What's Special

Retail | 5,800 SqFt <ul><li>​2 lakefront decks, 2 bars, Party room</li><li>​Functional kitchen for increased volume</li><li>​Chef/Manager and many of staff with remain on</li><li>​Dock and Dine</li><li>​New Jersey's Largest and Most Popular Lake</li><li>​Newer septic,</li><li>​Many improvements including a $300,000 renovation</li><li>​ West Orange "C" consumption liquor license separately. $125 k seller Financing with $60k down.</li></ul>

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NOI
$80,000
Cap Rate
4.22%
DSCR
0.71
Underwater
Cash-on-Cash
-5.72%
Monthly Payment
$9,375.426
Annual Cash Flow
$-32,505.113

Location & Travel Times