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$1.4M total
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Asset Class
Land
Size
—
Building class
A
Zoning
UR — Urban Reserve
$ / SF
—
Occupancy
93%
Lot Size
120 ac
This 120 acre property Hosts a 2334 sq/ft home, 60'x27' Heated Garage, 70'x32' Barn, and a Hall. Head inside the Bungalow Home with composite siding, metal roof, air conditioning, and a partial wrap around deck to be greeted by the foyer leading to the open kitchen and dining with a wood fireplace. The Living room has lots of windows for natural light and takes you to the first bedroom with its own 3 piece ensuite bathroom. The Primary bedroom has its own walk-in closet room with a jet tub, and is next to the other 3 piece bathroom of the home. The den and office are located centrally and could also be used as bedrooms if desired. The Huge garage is separated into two parts with radiant heaters in each side, power, concrete floor, and two overhead doors on each end. The Barn has a metal roof, power, concrete floor, and new windows. There are many other outbuildings on this beautiful property including a huge hall! Close to Wizard Lake, this 120 acre property has lots to offer! (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$6K
Projected NOI
$60K
Annual cash flow
$-14K
Cash-on-cash
-3.54%
DSCR
0.81
Going-in cap
4.48%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
64,210
Households
25,322
Median income
$118,500
Median age
35.1
Daytime population
80,935
5-yr growth
6.7%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 48177 RGE RD 274, Calmar.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.