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River Rd W
Columbia, VA 23038
Asking Price
$350K
Asset Type
Commercial Land
Class
Class B
What's Special
Land | 90 acres <ul><li>90± acres of young planted pine along the James River and Elk Island</li><li>This property is level in the old riverbed floodplain bordered by crop fields. The neighboring fields provide food for wildlife and a view to the river</li><li>Young pines and early successional growth provide great deer bedding and fawning cover, as well as quail habitat. The river creates a corridor for deer travel as well as a safe border from hunting pressure</li><li>The property contains a nutrient bank
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NOI
$80,000
Cap Rate
22.86%
DSCR
3.85
Strong
Cash-on-Cash
56.40%
Monthly Payment
$1,731.609
Annual Cash Flow
$59,220.692
