Lovers Lane

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Lovers Lane

Bastrop, TX 78602
Asking Price
$2.20M
Asset Type
Flex Mixed-use
Class
Class B

What's Special

<ul><li>​<strong>L</strong><strong style="color: rgba(33, 37, 41, 1)">ocated in the heart of Bastrop, TX, just off of major Highway 71 East. </strong></li><li>​<strong style="color: rgba(33, 37, 41, 1)">City utilities including: 12" sewer line, 8" water main, and 3 phase power available.</strong></li><li>​<strong style="color: rgba(33, 37, 41, 1)">Located just north of multiple subdivisions and acts as the sole exit for thousands of residents.</strong></li><li>​<strong style="color: rgba(33, 37,

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NOI
$80,000
Cap Rate
3.64%
DSCR
0.61
Underwater
Cash-on-Cash
-7.67%
Monthly Payment
$10,884.4
Annual Cash Flow
$-50,612.796

Location & Travel Times