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South Sand Hollow Road
Hurricane, UT 84737
Asking Price
$5.67M
Asset Type
Residential Land
Class
Class B
What's Special
Future Residential Development Zoned RM-3 <ul><li>The 13.724-acre property presents an exceptional opportunity to create a dynamic, master-planned community in Hurricane, Utah</li><li>The proposed plan features 252 residential apartments positioned next to additional townhomes and condos, offering a diverse mix of options to support the area's growing market</li><li>The residential breakdown includes: 252 apartments (132 in Block A1 and 120 in Block A2) 210 condominiums 211 townhomes (listed separately but also available) </li><li>K
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NOI
$80,000
Cap Rate
1.41%
DSCR
0.24
Underwater
Cash-on-Cash
-15.09%
Monthly Payment
$28,052.066
Annual Cash Flow
$-256,624.796
