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130 North McDowell Street, Suite D
Charlotte, NC 28204
Asking Price
$460K
Asset Type
Traditional Office Office
Class
Class B
What's Special
Professional Office Suite located on the edge of Uptown Charlotte <ul><li>1,514.2 total square footage</li><li>Executive Office with Bathroom</li><li>2 Additional Offices</li><li>Shared Bathroom</li><li>Conference Room</li><li>Storage or Office Room</li><li>Reception Area</li><li>Lobby</li><li>HOA fee $170 monthly (covers exterior maintenance and water)</li><li>Primary HVAC replaced in August 2022</li><li>Partially tenant occupied (2 tenants, both month to month: One pays $800; the other pays $700.)</li><li>Parcel ID: 08009229</li></ul>
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NOI
$80,000
Cap Rate
17.39%
DSCR
2.93
Strong
Cash-on-Cash
38.18%
Monthly Payment
$2,275.829
Annual Cash Flow
$52,690.052
