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1790 Hanging Rock Park Road
Danbury, NC 27016
Asking Price
$1.20M
Asset Type
Farm Land
Class
Class B
What's Special
<p><strong style="color: rgba(35, 31, 32, 1)"><em>The Facts</em></strong></p><ul><li><span style="color: rgba(35, 31, 32, 1)">219+/- acres subject to survey</span></li><li><span style="color: rgba(35, 31, 32, 1)">6500′ +/- common boundary w/ Hanging Rock State Park</span></li><li><span style="color: rgba(35, 31, 32, 1)">Additional land available</span></li><li><span style="color: rgba(35, 31, 32, 1)">Accessible from Hwy 8, Hanging Rock Park Rd, Hanging Rock Forest Rd, & through Hanging Rock
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NOI
$80,000
Cap Rate
6.67%
DSCR
1.12
Tight
Cash-on-Cash
2.43%
Monthly Payment
$5,936.945
Annual Cash Flow
$8,756.657