351 Highway 11

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351 Highway 11

Landrum, SC 29356
Asking Price
$1.90M
Asset Type
Commercial Land
Class
Class B

What's Special

77.3+/- Acres - Outstanding Accessibility and Visibility <ul><li>​<span style="color: rgba(49, 66, 61, 1)">Frontage on Highway 11 (appx 1,400 feet) and Arledge Road (appx 3,000 feet)</span></li><li>​<span style="color: rgba(49, 66, 61, 1)">Public Water and Fiber Optic Cable available</span></li><li>​<span style="color: rgba(49, 66, 61, 1)">Close proximity to several major recreational and lifestyle amenities</span></li><li>​<span style="color: rgba(49, 66, 61, 1)">Conveniently located to several towns and cities: Landrum, Tryon, Inman, Spartanburg, Tr

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NOI
$80,000
Cap Rate
4.21%
DSCR
0.71
Underwater
Cash-on-Cash
-5.75%
Monthly Payment
$9,400.163
Annual Cash Flow
$-32,801.96

Location & Travel Times