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22652 STATE HWY 6
ALVIN, TX 77511
Asking Price
$2.00M
Asset Type
Land
Class
Class B
What's Special
Commercial Property on Hwy 6 <ul><li><strong>Land • 10.112 Acres</strong></li><li><strong>Easy access to Hwy 6</strong></li><li><strong>High Visibility Property</strong></li><li><strong style="color: rgba(0, 0, 0, 1)">Partially fenced perimeter</strong></li><li><strong style="color: rgba(0, 0, 0, 1)">80-foot water well</strong></li><li><strong style="color: rgba(0, 0, 0, 1)">40-foot commercial-grade culvert</strong></li><li><strong style="color: rgba(0, 0, 0, 1)">Approx. 1 to 1.5 acres is stabilized with crushed conc
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NOI
$80,000
Cap Rate
4.00%
DSCR
0.67
Underwater
Cash-on-Cash
-6.46%
Monthly Payment
$9,894.909
Annual Cash Flow
$-38,738.905
