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State Highway 118
Alpine, TX 79734
Asking Price
$4.45M
Asset Type
Ranch Land
Class
Class B
What's Special
Land | 4,970 acres <ul><li>East Rim Ranch lies at 4,000’ elevation and is located 28 miles south of Alpine on US Hwy 118 between Alpine and Big Bend National Park in Brewster County, Texas.</li><li>The ranch is just south of Elephant Mountain , a 27,000-acre wildlife management area owned by the state of Texas and managed by Texas Parks and Wildlife.</li><li>The ranch consists of approximately 5,270 acres including 3 miles of frontage on HWY 118, with major north south creek, rolling terrain with 200-foot-high
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NOI
$80,000
Cap Rate
1.80%
DSCR
0.30
Underwater
Cash-on-Cash
-13.79%
Monthly Payment
$22,007.019
Annual Cash Flow
$-184,084.23
