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916 North Patterson Avenue

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Home/NC/Winston-Salem

916 North Patterson Avenue

Winston-Salem, NC 27101
Asking Price
$2.90M
Asset Type
Warehouse Industrial
Class
Class B

What's Special

Industrial Warehouse | ±50,000-80,046 SF | Prime Downtown Location <ul><li>​Rare downtown Winston-Salem warehouse opportunity</li><li>​Prime access to US-52/US-421</li><li>​Situated at N. Patterson Avenue and Liberty Street</li><li>​Multiple drive and dock doors</li><li>​Clear height approximately 17 feet</li><li>​Dry Sprinkler</li><li>​On-site secure parking available</li><li>​Adjacent to approved 270-unit multi-family development</li></ul>

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NOI
$80,000
Cap Rate
2.76%
DSCR
0.46
Underwater
Cash-on-Cash
-10.59%
Monthly Payment
$14,347.618
Annual Cash Flow
$-92,171.412

Location & Travel Times

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