5840 University Pointe Boulevard

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5840 University Pointe Boulevard

Charlotte, NC 28262
Asking Price
$400K
Asset Type
Land
Class
Class B

What's Special

+/- 2.39 AC Available for Sale <ul><li>​Minutes from UNC Charlotte, the LYNX Blue Line extension, and University Research Park</li><li>​Located in Charlotte's rapidly growing University City submarket</li><li>​Convenient access to I-85, North Tryon Street, and University Pointe Boulevard</li><li>​Surrounded by established retail, office, multifamily, and hospitality uses</li></ul>

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NOI
$80,000
Cap Rate
20.00%
DSCR
3.37
Strong
Cash-on-Cash
46.88%
Monthly Payment
$1,978.982
Annual Cash Flow
$56,252.219

Location & Travel Times