2050 Jones Bend Road

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2050 Jones Bend Road

Louisville, TN 37777
Asking Price
$1.50M
Asset Type
Residential Land
Class
Class B

What's Special

31.83 Acres with over 900 ft of Waterfront on Fort Loudon Lake / Little River <p><span style="color: rgba(0, 0, 0, 1)"> Here's your chance! Build your own waterfront oasis, or subdivide into an amazing waterfront development (5 acre tracts minimum). Rare opportunity to own 31+ ACRES of waterfront property on the Little River / Fort Loudon Lake in Louisville! Over 900 feet of waterfront access, including the entire left side of a private cove, and over 900 feet of road frontage. This beautiful property has rolling hills, trees galore for all the privacy your heart desires,

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NOI
$80,000
Cap Rate
5.33%
DSCR
0.90
Underwater
Cash-on-Cash
-2.01%
Monthly Payment
$7,421.182
Annual Cash Flow
$-9,054.179

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