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4055 Rosehill Rd
Fayetteville, NC 28311
Asking Price
$299K
Asset Type
Residential Land
Class
Class B
What's Special
Land | 15.31 acres <p>Great site for potential development as residential, multi-family, Religious Institution, & possible commercial use in the northeast corner as currently zoned. Specific use would be subject to zoning approval by the city of Fayetteville. Public Sewer is available in the immediate area & access would need to be obtained by easement. The existing pond is approximately 1.72 acres & shows up on the GIS as wetlands. Use of this area would need to be determined by Buyer's Engineering Firm. There is
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NOI
$80,000
Cap Rate
26.76%
DSCR
4.51
Strong
Cash-on-Cash
69.40%
Monthly Payment
$1,479.289
Annual Cash Flow
$62,248.534
