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144 McCrary Road
Mooresville, NC 28117
Asking Price
$12.50M
Asset Type
Creative Office Office
Class
Class B
What's Special
Phase III Investment Portfolio <p>Rare opportunity to acquire a newly developed industrial warehouse condominium portfolio in one of the most supply-constrained and high-demand markets in the Southeast. Phase III at LKN Luxury Garages delivers 42 luxury warehouse condo units totaling 48,075 SF, purpose-built for the Lake Norman/Mooresville corridor — a market cannot keep up with demand.</p><p></p><p>Located in the heart of "Race City USA," Mooresville is home to over 200 motorsports-related businesses, a highly skilled workfo
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NOI
$80,000
Cap Rate
0.64%
DSCR
0.11
Underwater
Cash-on-Cash
-17.66%
Monthly Payment
$61,843.18
Annual Cash Flow
$-662,118.157
