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Maxeys Mill Road (CR646)
Cumberland, VA 23040
Asking Price
$493K
Asset Type
Timber Land
Class
Class B
What's Special
Land | 109.58 acres <ul><li>SOLID timberland/recreational investment opportunity located just east of the cumberland courthouse with frontage along the west side of maxeys mill rd (cr646)</li><li>Site offers varied terrain with ample interior road system</li><li>Timber comprised of 81+/-acs of planted pines ('20) with the remaining balance in mixed bottomland hardwoods</li><li>Productive wildlife habitat supporting healthy populations of game</li></ul>
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NOI
$80,000
Cap Rate
16.22%
DSCR
2.73
Strong
Cash-on-Cash
34.29%
Monthly Payment
$2,439.639
Annual Cash Flow
$50,724.329
