2909 Burgess Dr

Share this listing

Pre-formatted captions, a short link, and a QR code — ready to paste.

Share image
Sized for LinkedIn · 1200×627 — matches the caption above.
Rendering preview…

2909 Burgess Dr

Charlotte, NC 28208
Asking Price
$2.00M
Asset Type
Multifamily
Class
Class B

What's Special

2909 Burgess Drive is located in the Toddville Road neighborhood of West Charlotte, North Carolina. The area is characterized by a mix of residential communities and industrial business parks. The property offers convenient proximity to the primary retail corridors of Freedom Drive and Little Rock Road, which feature various dining and essential service options. Transportation access is a key feature of this location, situated less than three miles from Charlotte Douglas International Airport and providing immediate access to the I-85 and I-485 interchange, facilitating commutes to the Uptown central business district and the surrounding metropolitan area. The property is suited for multifamily redevelopment or continued operations as a workforce housing asset. Given the proximity to major logistics hubs and the international airport, the typical tenant profile consists of professionals employed in the transportation, distribution, and aviation sectors. The asset is well-positioned for residents seeking functional, accessible housing with short commute times to major regional employment centers. Its location within an established residential pocket makes it an appropriate choice for individuals or families requiring reliable access to both interstate highways and local transit networks.

Free Valuation Calculator

No login required

Run the numbers on this deal. All calculations are estimates — verify with your lender and accountant.

NOI
$80,000
Cap Rate
4.00%
DSCR
0.67
Underwater
Cash-on-Cash
-6.46%
Monthly Payment
$9,894.909
Annual Cash Flow
$-38,738.905

Location & Travel Times