Here is a chance for a long term investment with cell tower in place. Currently leased through June, 2081. The future rent is based on the CPI data. At this time, based on a current appraisal and uncertainty in the market, 6.5% cap rate appears to be the most reasonable and viable.
MLS# | 136278 |
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Listing Type | For Sale |
Style | Farm or Ranch |
Sub-Type | Resale |
Status | Pending |
Days On Site | 214 |
Listing Provided By | Coldwell Banker Advantage-Littleton | Karen Stainback |
Acreage | 0.23 |
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Property View | Secluded |
State | NC |
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County | Vance, NC |
City | Henderson |
Zip Code | 27537 |
Area | Henderson | NC |
Community Name | .NON Subdivision |
School District | Vance County |
Elementary School | Aycock |
Middle School | Vance County |
High School | Vance County |
Listing VS Median (in .NON Subdivision) | |
Price: $130,000 low | high Med: $0 On Site: 214 low | high Med: |