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868 JOHN ST
CLAYTON, NC 27520-2872
Asking Price
$625K
Asset Type
Residential Land
Class
Class B
What's Special
<p>Amazing opportunity for Developers and Investors! This property includes 11 lots. Lot 11-21 on John St. in Clayton. Building plans for</p><p>completing the construction of 11 townhomes included with the purchase. Plumbing and electrical started. All lots must be sold</p><p>together. Six townhomes were built and already sold on Durham St. Four other townhomes were just built on John St. Great</p><p>opportunity to come in with approved plans to start building!</p>
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NOI
$80,000
Cap Rate
12.80%
DSCR
2.16
Strong
Cash-on-Cash
22.88%
Monthly Payment
$3,092.159
Annual Cash Flow
$42,894.092
