0 GUY ELLER RD

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0 GUY ELLER RD

MURPHY, NC 28906
Asking Price
$45K
Asset Type
Agricultural Land
Class
Class B

What's Special

1.03 acres - UNRESTRICTED - Murphy, NC <p><span style="color: rgba(0, 0, 0, 1)">This property with a gentle slope leading to a knoll, makes it a prime location for constructing your dream mountain home or vacation retreat. Convenient access from a state-maintained road, situated just beyond Fields of the Wood. The property is a short distance from boat ramps at both Lake Hiwassee and Lake Appalachia, and is in close proximity to the US Forest Service and Hiwassee Dam. This lot offers a distinctive opportunity for development due to i

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NOI
$80,000
Cap Rate
177.78%
DSCR
29.94
Strong
Cash-on-Cash
572.80%
Monthly Payment
$222.635
Annual Cash Flow
$77,328.375

Location & Travel Times