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2712 Statesville Avenue
Charlotte, NC 28206
Asking Price
Contact for price
Asset Type
Residential Land
Class
Class B
What's Special
Land | 0.919 acres <ul><li>Shovel-ready entitled townhome site with fully executed rezoning to UR-2(CD)</li><li>21 approved single-family attached units at 22.85 DUA density</li><li>City Council approved conceptual site plan - Rezoning Petition 2021-144</li><li>ALTA Survey completed March 2022</li><li>Phase I Environmental Site Assessment completed</li><li>Flood Zone X (minimal risk)</li><li>Adjacent to Novant Health Heart & Vascular medical campus</li><li>ADA-compliant bus pad per approved site plan along
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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
