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Maynards Store Rd
Carrsville, VA 23315
Asking Price
$617K
Asset Type
Timber Land
Class
Class B
What's Special
Land | 189.9 acres <ul><li>Excellent recreational/timberland investment opportunity located north of Maynards Crossroads in Isle of Wight County.</li><li>Extensive frontage along the Blackwater River with deeded access from Maynards Store Rd (VSR631).</li><li>Timber comprised of 62± acres of merchantable planted pines (‘95), 37± acs of old growth bottomland hardwood with the remaining balance in river bottom.</li><li>Blackwater river bottom provides excellent habitat for deer, turkeys and waterfowl.</li><li>T
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NOI
$80,000
Cap Rate
12.96%
DSCR
2.18
Strong
Cash-on-Cash
23.40%
Monthly Payment
$3,054.731
Annual Cash Flow
$43,343.222
