271 TOWERVIEW CT

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271 TOWERVIEW CT

CARY, NC 27513
Asking Price
Contact for price
Asset Type
Land
Class
Class B

What's Special

<p>• Established flex corridor with proven</p><p>long-term occupancy and diverse tenant</p><p>mix: technology, medical, professional</p><p>services & light industrial</p><p>• Affluent trade area — median household</p><p>income of $135,132, up 27.9% from 2019–2024</p><p>• Surging residential density with apartment</p><p>and townhome communities surrounding</p><p>the corridor driving live-work demand</p><p>• Median home value $649,000 with ~68.5%</p><p>homeownership rate — one of</p><p>Wake County

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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