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147 Peninsula Lane
Bullock, NC 27507
Asking Price
$575K
Asset Type
Farm Land
Class
Class B
What's Special
Land | 101 acres <ul><li>Unrestricted waterfront land with 2000+ feet of shoreline</li><li>3500+ feet of road frontage on paved road (Keeton Road)</li><li>Development opportunity</li><li>Water access (estimated 2500 feet) on adjacent Army Corps of Engineers/ACE land</li><li>Island Creek boat ramp and campground on Kerr Lake just FIVE minutes away</li><li>Private pond for livestock, wildlife and fishing</li><li>Within 20 minutes to Henderson or Clarksville</li><li>Wooded acres: 79.00</li><li>Pasture acre
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NOI
$80,000
Cap Rate
13.91%
DSCR
2.34
Strong
Cash-on-Cash
26.59%
Monthly Payment
$2,844.786
Annual Cash Flow
$45,862.565
