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215 Farm to Market Rd 2929
Huntsville, TX 77340
Asking Price
$1.50M
Asset Type
Multifamily
Class
Class B
What's Special
Multifamily <p><strong>Turnkey Multi-Cabin Property</strong> with multiple existing structures, allowing for immediate use or income generation</p><p><strong>17± Acres Total | 11± Acres Improved</strong>, significantly reducing development time and upfront costs</p><p><strong>Income-Producing Potential</strong> ideal for short-term rentals, retreat operations, or a cabin/glamping concept</p><p><strong>Existing Infrastructure in Place</strong> including water, electricity, two septic systems, HVAC, and parki
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NOI
$80,000
Cap Rate
5.34%
DSCR
0.90
Underwater
Cash-on-Cash
-2.00%
Monthly Payment
$7,416.234
Annual Cash Flow
$-8,994.809
