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160 Brookstone Drive
Rockingham, NC 28379
Asking Price
$350K
Asset Type
Single Family Rental Portfolio Multifamily
Class
Class B
What's Special
Infill Residential Development Along Market's Retail Corridor <p>Walmart, Holiday Inn Express, Highway 55 Burger and others anchor the corridor directly in front of this tract. Richmond Community College sits just east. Goshen Medical's new campus is directly across the highway. Amazon's North America AI headquarters is ten minutes south. The employment base, the institutional investment, and the demand drivers are already here. The rooftops are following.</p>
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NOI
$80,000
Cap Rate
22.86%
DSCR
3.85
Strong
Cash-on-Cash
56.40%
Monthly Payment
$1,731.609
Annual Cash Flow
$59,220.692