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Lawrence Dr
Carrsville, VA 23315
Asking Price
$668K
Asset Type
Timber Land
Class
Class B
What's Special
Land | 190.76 acres <ul><li>Solid timberland/recreational investment opportunity located north of Maynards Crossroads in Isle of Wight County offering frontage along Lawrence Dr. (VSR630) and deeded access from Maynards Store Rd (VSR631).</li><li>Timber comprised of 88± acres of merchantable planted pines established in ‘01, 20± acres of planted pines established in ‘16, 60± acres of planted pines established in ‘20 with the remaining 22± acre balance in bottomland hardwoods.</li><li>Solid internal road system a
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NOI
$80,000
Cap Rate
11.98%
DSCR
2.02
Strong
Cash-on-Cash
20.15%
Monthly Payment
$3,303.217
Annual Cash Flow
$40,361.391
