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100 Holly Grove Rd
Covington, TN 38019
Asking Price
$240K
Asset Type
Commercial Land
Class
Class B
What's Special
Commercial or Residential Corner Lot (2 Properties) <p>Zoned B-2, currently used as residential.</p><p>2 houses, both 2 bed 1 bath, rent $700 & $800, month to month leases.</p><p>Prime corner lots on Highway 51 in Covington. Beside Walmart, Waffle House, etc.</p>
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NOI
$80,000
Cap Rate
33.33%
DSCR
5.61
Strong
Cash-on-Cash
91.32%
Monthly Payment
$1,187.389
Annual Cash Flow
$65,751.331
