705 Cedar Hill Rd

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705 Cedar Hill Rd

Celina, TN 38551
Asking Price
$15.00M
Asset Type
Marina Special-purpose
Class
Class B

What's Special

Special Purpose <ul><li>​265 Covered and Uncovered Slips </li><li>​Cedar Hill Marina is on the esteemed Dale Hollow Lake where two adjacent sections of the facility are very close but each occupies water configurations that are just around the corner from each other.</li><li>​A combination of covered and uncovered slips work together to accommodate a large array of rental, storage, large and small boat dockage.</li><li>​The marina office lies near the ramp which rises and falls according to water depth on the l

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NOI
$80,000
Cap Rate
0.53%
DSCR
0.09
Underwater
Cash-on-Cash
-18.01%
Monthly Payment
$74,211.816
Annual Cash Flow
$-810,541.789

Location & Travel Times