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515 Central Street
Clayton, NC 27520
Asking Price
$450K
Asset Type
Commercial Land
Class
Class B
What's Special
Strong Townhome Development Potential in the Heart of Downtown Clayton, NC <ul><li>Click to view the <a href="https://storymaps.arcgis.com/stories/8202abfbbabc41289b8ae7d7fde0caaa" target="_blank" style="color: rgba(17, 85, 204, 1)">Digital Offering Memorandum</a></li><li><span style="color: rgba(49, 66, 61, 1)">Two parcels : 5.03 Acres +/- zoned for Residential High Density and .84 acres zoned Residential Large Lot.</span></li><li><span style="color: rgba(49, 66, 61, 1)">Excellent residential townhome development potential near Downtown Clayton with access to city
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NOI
$80,000
Cap Rate
17.78%
DSCR
2.99
Strong
Cash-on-Cash
39.47%
Monthly Payment
$2,226.354
Annual Cash Flow
$53,283.746
