TBD Hwy 378

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TBD Hwy 378

McCormick, SC 29835
Asking Price
$3.47M
Asset Type
Timber Land
Class
Class B

What's Special

Land | 770 acres <ul><li>​Approximately 700± acres</li><li>​Frontage along Highway 378</li><li>​Located in McCormick County, South Carolina</li><li>​Planted with genetically improved ArborGen MCP® loblolly pine seedlings</li><li>​Excellent timber investment potential</li><li>​Ideal for recreation, hunting, timber management, conservation, or future development</li><li>​Convenient access to Greenwood, Augusta, and Lake Thurmond</li><li>​Large contiguous tract with long-term appreciation potential</li></ul>

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NOI
$80,000
Cap Rate
2.31%
DSCR
0.39
Underwater
Cash-on-Cash
-12.09%
Monthly Payment
$17,143.597
Annual Cash Flow
$-125,723.168

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