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414 Milroy Grose Rd
Lansing, WV 25862
Asking Price
$850K
Asset Type
Restaurant Self-storage
Class
Class B
What's Special
This is a must see !! <ul><li>Corner property on State Rt. 19 1/2 mile from whitewater rafting, 1 mile north of New River Gorge Bridge</li><li>Approx 24 acres, 8 of which are level, surrounded by 40+ year old timber</li><li>Old building approximately 5000 sq ft. was a restaurant, bar etc for campers and rafters</li><li>Showers, Restrooms and large outdoor deck for music and entertainment</li><li>Structure has concrete walls, floors and ceilings structurally sound</li><li>5400 sq ft warehouse with high doors and
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NOI
$80,000
Cap Rate
9.41%
DSCR
1.59
Strong
Cash-on-Cash
11.58%
Monthly Payment
$4,205.336
Annual Cash Flow
$29,535.965