McKenzie Ridge Subdivision

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McKenzie Ridge Subdivision

Watford City, ND 58854
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B

What's Special

McKenzie Ridge Subdivision, Watford City, ND 58854 <ul><li>​Total of 17 residential lots in the desirable McKenzie Ridge Subdivision.</li><li>​Spanning 17.474 acres, perfect for single-family home development.</li><li>​Lot 15 and Lot 21 include existing wells for added value.</li><li>​Lot 22 features both a well and a foundation, jumpstarting development opportunities.</li><li>​Zoned for residential use, offering flexibility for builders and developers.</li><li>​Located in a tranquil and rapidly expanding area, ideal for creating a vibrant commu

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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