103 Snowplow Ln

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103 Snowplow Ln

Beech Mountain, NC 28604
Asking Price
$98K
Asset Type
Residential Land
Class
Class B

What's Special

Land | 0.29 acres <ul><li>​Walkable to slopes and restaurants/retail in town</li><li>​Long range views with some tree clearing</li><li>​Neighboring new construction home adjacent to this lot is earning $123K+ in annual revenue</li><li>​Nice buildable lot - (not severely sloped as can be typical on other lots on Beech Mtn)</li><li>​Less than a 5min drive to Beech Mtn Resort</li><li>​Less than 10 min drive to downtown Banner Elk restaurants/retail</li></ul>

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NOI
$80,000
Cap Rate
82.05%
DSCR
13.82
Strong
Cash-on-Cash
253.71%
Monthly Payment
$482.377
Annual Cash Flow
$74,211.478

Location & Travel Times