9367 FM 149 RD

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9367 FM 149 RD

MONTGOMERY, TX 77316-9262
Asking Price
$707K
Asset Type
Commercial Land
Class
Class B

What's Special

±5.9 Unrestricted Acres | RV Park, Storage, Industrial, or Commercial Development Opportunity <p>• ±5.9 unrestricted acres with no known use restrictions</p><p>• Located in a rapidly growing market with strong population and commercial growth trends</p><p>• Multiple potential use scenarios including RV park, RV/boat storage, self-storage, contractor yard, equipment storage, and light commercial development</p><p>• Conceptual plans available with sale for a proposed 37-site RV park and RV storage facility</p><p>• Electricity and public water available to the site</p><p>• Natural topograph

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NOI
$80,000
Cap Rate
11.32%
DSCR
1.91
Strong
Cash-on-Cash
17.94%
Monthly Payment
$3,496.668
Annual Cash Flow
$38,039.986

Location & Travel Times