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TBD Deer Ridge Court Unit # Lot 6
Butler, TN 37640
Asking Price
$266K
Asset Type
Land
Class
Class B
What's Special
<p>• 1.29-acre elevated homesite in “The Harbour” at Watauga Lake</p><p>• Easy-build lot with potential for walkout basement design</p><p>• Lake views and community lake access with private boat ramp and swim dock</p><p>• Low HOA fees of only $300 annually</p><p>• Light restrictions allowing flexibility while protecting neighborhood value</p><p>• Underground utilities and fiber internet available</p><p>• Located minutes from Cherokee National Forest and outdoor recreation</p><p>• Convenient acce
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NOI
$80,000
Cap Rate
30.09%
DSCR
5.07
Strong
Cash-on-Cash
80.50%
Monthly Payment
$1,315.528
Annual Cash Flow
$64,213.663
