400 Wilson Ave

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400 Wilson Ave

Dumas, TX 79029
Asking Price
$320K
Asset Type
Industrial
Class
Class B

What's Special

Industrial <ul><li>​Located on the edge of Dumas, TX in the Texas Panhandle</li><li>​Property is .2 miles from US HWY 87 that runs to Hartley, Dalhart and New Mexico</li><li>​.45 miles from Dumas Ave which is Business HWY 287</li><li>​19.74 acres</li><li>​1-5,040 SF Quonset Barn with dimensions of 125' long and 40' wide</li><li>​Barn is in good condition with concrete floor</li><li>​Lot is flat requiring minimal dirt work for construction</li><li>​Three-phase electricity is to the property</li><li>​Surroun

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NOI
$80,000
Cap Rate
25.00%
DSCR
4.21
Strong
Cash-on-Cash
63.54%
Monthly Payment
$1,583.185
Annual Cash Flow
$61,001.775

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