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121 W Davis Street
Burlington, NC 75203
Asking Price
$335K
Cap Rate
8%
Asset Type
Retail
Class
Class B
What's Special
121 W Davis Street, Burlington, NC 75203 <ul><li>Attractive downtown investment opportunity located in the heart of Burlington's central business district. The property is leased to an established event venue operator, providing immediate in-place income and a proven operating history within the market.</li><li>The asset features ±2,352 SF over a versatile two-level layout with classic hardwood floors, abundant natural light, and restrooms on both levels. The flexible floorplan supports a wide range of event types, including weddings
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NOI
$80,000
Cap Rate
23.88%
DSCR
4.02
Strong
Cash-on-Cash
59.81%
Monthly Payment
$1,657.397
Annual Cash Flow
$60,111.233
