Property Details

TITLE:
25.14a Clifton, TX
CONTROL:
Exclusive
VALUE:
$299,000
LOAN:
$225,000
EQUITY:
$74,000
TYPE:
Land
HAVE:
25.41-acre property offering a blend of open pasture, mature trees, and a picturesque private lake. Fully fenced, providing an ideal setting for livestock or the construction of your dream home. The serene environment is perfect for enjoying sunsets a
ADDRESS:
837 FM2114, Clifton, Texas
BENEFITS TO NEW OWNER:
Pride of Ownership, Use, Appreciation, Development Upside
GROSS SCHEDULED INCOME:
$0
VACANCY LOSS:
$0
GROSS EFFECTIVE INCOME:
$0
EXPENSES:
$48
NOI:
$-48
DEBT SERVICE:
$1,461
CASH FLOW:
$-1,509
CAP RATE:
0.00%
ENCUMBRANCE
BALANCE
PAYMENT
RATE
DUE
ASSUMABLE
LOAN 1
$225,364
$1,461
5%
09/01/2046
Yes
BENEFITS SOUGHT:
Reduce negative cashflow, Cashflow, Value Add Upside, Path to Cash
COUNSELOR:
Jim Carmichael
Berkshire Hathaway Commercial Real Estate
2320 Grandview Drive
Fort Mitchell, Kentucky, 41017
Phone: 859-801-0906
Cell: 859-801-0906