Elevon Rd

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Elevon Rd

Milford, VA 22514
Asking Price
$1.25M
Asset Type
Commercial Land
Class
Class B

What's Special

Land | 410 acres <ul><li>​410± ACRES of mixed planted and natural loblolly pine, with mature hardwood along SMZ areas</li><li>​Property is bisected by Byrd’s Mill Swamp with a large beaver pond centrally located on the property</li><li>​Accessed through a Right of Way off Elevon Road as well as Passing Road</li><li>​Forest Lodge is an ideal site for a timber investor given the age class of the pine, as well as a well rounded recreational tract with varying terrain and property composition</li><li>​Close proximit

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NOI
$80,000
Cap Rate
6.40%
DSCR
1.08
Tight
Cash-on-Cash
1.54%
Monthly Payment
$6,184.318
Annual Cash Flow
$5,788.184

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