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6115 S HWY 35
ALVIN, TX 77511-8204
Asking Price
$2.88M
Asset Type
Agricultural Retail
Class
Class B
What's Special
83.99 acre agricultural exempt land with 2 mobile homes. <p>Many possibilities from developing Commercial and or residential. Currently ag exempt land. No restrictions. 2 mobile homes on property that have been remodeled. Sandy soils with a pond toward the back of the property.</p>
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NOI
$80,000
Cap Rate
2.78%
DSCR
0.47
Underwater
Cash-on-Cash
-10.51%
Monthly Payment
$14,223.931
Annual Cash Flow
$-90,687.176
