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Florence, OR 97439
Asking Price
$5.80M
Asset Type
Residential Land
Class
Class B
What's Special
19 approved homesites and a 10-acre lakefront development opportunity <p><strong>Development Highlights:</strong></p><ul><li>32 Total Acres</li><li>19 Approved Homesites</li><li>10-Acre Lakefront Parcel</li><li>1-2 Acre Homesites</li><li>Community Lake Access</li><li>Private Walking Trail</li></ul><p></p><p><strong>Infrastructure in Place:</strong></p><ul><li>Roads Complete</li><li>Water Infrastructure Installed</li><li>Electrical Infrastructure Installed</li><li>Charter Communications Available</li><li>Fiber Optic Conduit Installed</li><li>Septic Appr
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NOI
$80,000
Cap Rate
1.38%
DSCR
0.23
Underwater
Cash-on-Cash
-15.19%
Monthly Payment
$28,695.235
Annual Cash Flow
$-264,342.825
