12502 INTERSTATE 10 E

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12502 INTERSTATE 10 E

CONVERSE, TX 78109-3172
Asking Price
$995K
Asset Type
Residential Land
Class
Class B

What's Special

2.71± Acres on IH-10 | Near Randolph AFB, 1604, & FM 1518 <ul><li>​<span style="color: rgba(0, 0, 0, 1)">2.71± AC commercial land tract with C-2 Commercial & R-6 Residential zoning</span></li><li>​<span style="color: rgba(0, 0, 0, 1)">Prime frontage and visibility along Interstate 10 East with quick access to Loop 1604 & FM 1518</span></li><li>​<span style="color: rgba(0, 0, 0, 1)">Existing improvements include a 1,064± SF manufactured home (3 Bed / 2 Bath) </span></li><li>​<span style="color: rgba(0, 0, 0, 1)">Water and electricity on-site, reducing f

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NOI
$80,000
Cap Rate
8.04%
DSCR
1.35
Strong
Cash-on-Cash
7.01%
Monthly Payment
$4,922.717
Annual Cash Flow
$20,927.395

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