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18417 KEENAN CUT OFF RD
MONTGOMERY, TX 77316
Asking Price
$425K
Asset Type
Residential Land
Class
Class B
What's Special
1.5 acres of PRIME Commercial just off FM 2854 on Keenan Cut-Off <ul><li>1.5 acres in the new Keenan Woods Multi-Use Development</li><li>Outstanding visibility and easy access</li><li>Corner positioning, enhancing accessibility and exposure</li><li>Electric and water located nearby</li><li>Lightly restricted</li><li>1 mile from Oak Hills Junior High School</li><li>2.5 miles from Lone Star Elementary and Lake Creek High School</li><li>5 miles from Highway 105 (Kroger, Chick-Fil-A, Starbucks, etc.)</li></ul>
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NOI
$80,000
Cap Rate
18.82%
DSCR
3.17
Strong
Cash-on-Cash
42.96%
Monthly Payment
$2,102.668
Annual Cash Flow
$54,767.983
