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1416 West Trade Street
Charlotte, NC 28216
Asking Price
$3.50M
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
TOD-NC zoning approved - 0.45-acre development site on the CityLYNX Gold Line, 500 feet from the Wes
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NOI
$80,000
Cap Rate
2.29%
DSCR
0.38
Underwater
Cash-on-Cash
-12.17%
Monthly Payment
$17,316.09
Annual Cash Flow
$-127,793.084
