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2188 Highway 75
Blountville, TN 37617
Asking Price
$3.70M
Asset Type
Farm Land
Class
Class B
What's Special
Land | 51.7 acres <ul><li>51.7 total acres (41.16 pasture/10.54 wooded)</li><li>3,666 sq. ft. home (2,061 sq. ft. heated/cooled)</li><li>3 bedrooms, 2.5 bathrooms</li><li>270’ wraparound porch with 8 ceiling fans</li><li>Stainless appliances + SmartCore flooring</li><li>9’ ceilings with tray accents</li><li>Trane HVAC & high R-value insulation</li><li>Encapsulated crawl space with commercial dehumidifier</li><li>2x 200 amp underground service</li><li>Pre-plumbed upstairs for expansion</li><li>12'x28' f
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NOI
$80,000
Cap Rate
2.16%
DSCR
0.36
Underwater
Cash-on-Cash
-12.58%
Monthly Payment
$18,305.581
Annual Cash Flow
$-139,666.975
