W Ski Ln

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W Ski Ln

Hurricane, UT 84737
Asking Price
$9.90M
Asset Type
Residential Land
Class
Class B

What's Special

±40-acre residential development opportunity in Hurricane, Utah with R1-10 zoning already in place. <p><strong><u>3 REASONS THIS IS A GREAT OPPORTUNITY:</u></strong></p><p></p><ul><li>​Asking approximately $74k per papered lot. </li></ul><p></p><ul><li>​Development costs are approximately $55k-$75k per lot. </li></ul><p></p><ul><li>​10,000 sq ft lots within a 10 mile radius retail for approximately $225k to $175k depending on a number of factors: view, type of homes being built, amenities, CC&R's, etc. </li></ul><p></p><p>Furthermore, this location is between Copper Rock Golf Course and Sand H

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NOI
$80,000
Cap Rate
0.81%
DSCR
0.14
Underwater
Cash-on-Cash
-17.10%
Monthly Payment
$48,979.798
Annual Cash Flow
$-507,757.58

Location & Travel Times