269 Valley River Ave

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269 Valley River Ave

Murphy, NC 28906
Asking Price
$799K
Asset Type
Restaurant Retail
Class
Class B

What's Special

Thriving Restaurant in Western North Carolina <ul><li>​Located on busy Valley River Avenue with outstanding visibility and easy access</li><li>​Turnkey property sits on its own site with dedicated parking and strong street presence</li><li>​Known by locals and visitors alike</li><li>​Current restaurant's net operating income is significantly higher than most comparable operations in the area</li><li>​Prime location just minutes from downtown Murphy, Harrah's Cherokee Valley River Casino, and mountain attractions</li><li>​Business, equipment

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NOI
$80,000
Cap Rate
10.01%
DSCR
1.69
Strong
Cash-on-Cash
13.59%
Monthly Payment
$3,953.016
Annual Cash Flow
$32,563.807

Location & Travel Times