1611 OLD SPARTANBURG RD

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1611 OLD SPARTANBURG RD

HENDERSONVILLE, NC 28792
Asking Price
$1.59M
Asset Type
Mixed-use
Class
Class B

What's Special

Income-Producing Mixed-Use Opportunity with Auto Shop + 6 Mobile Home Pads on High-Traffic Corridor <p><strong>Dual Income Streams:</strong> Automotive repair shop + 6 mobile home pads</p><p><strong>Established Cash Flow Potential:</strong> Existing setup supports immediate rental income</p><p><strong>High Visibility Location:</strong> Positioned along Old Spartanburg Road with strong traffic exposure</p><p><strong>0.95-Acre Level Lot:</strong> Usable land with room for expansion or redevelopment</p><p><strong>Flexible Zoning (CC):</strong> Suitable for a variety of commercial uses</p><p><stro

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NOI
$80,000
Cap Rate
5.02%
DSCR
0.85
Underwater
Cash-on-Cash
-3.05%
Monthly Payment
$7,879.44
Annual Cash Flow
$-14,553.274

Location & Travel Times