3000 Parker Dr, Lenoir, NC 28645

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3000 Parker Dr, Lenoir, NC 28645

Lenoir, NC 28645
Asking Price
$215K
Asset Type
Multifamily
Class
Class B

What's Special

3000 Parker Drive is located in Lenoir, North Carolina, situated within Caldwell County. The property is positioned in a primarily residential neighborhood characterized by rolling terrain and mature greenery. It offers proximity to local amenities including grocery stores, pharmacies, and dining options along the Blowing Rock Boulevard commercial corridor. Direct access to U.S. Route 321 provides a north-south connection to the nearby Blue Ridge Mountains and the larger metropolitan hub of Hickory to the south. This multifamily asset is suited for long-term residential leasing or workforce housing. The location serves a tenant profile consisting of local professionals, small families, and individuals employed in the region’s manufacturing, healthcare, and education sectors. Given the proximity to regional transit arteries, the site is also functional for commuters seeking a suburban living environment with direct access to surrounding employment centers in Caldwell and Catawba counties.

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NOI
$80,000
Cap Rate
37.21%
DSCR
6.27
Strong
Cash-on-Cash
104.24%
Monthly Payment
$1,063.703
Annual Cash Flow
$67,235.568

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