SOLD
Dominium Sells 8.83 Acres Of Vacant Land In Charlotte, NC For $3M
7800 Creekridge Road, Charlotte, North Carolina 28212, United States
$3,000,000
Building Size
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Asset Type
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Closing
Aug 25, 2022
AI
Located at 7800 Creekridge Road in Charlotte, NC, this vacant land property spans an impressive 8.83 acres. The property was recently sold in a transaction.
Summary of transaction details
- Property Type: Vacant Land
- Transaction Amount: $3,000,000
- Seller: Dominium
- Brokers: Eric Liebich & Ron Corrao - Capstone Land Sales
The transaction for this vacant land property was facilitated by brokers Eric Liebich and Ron Corrao from Capstone Land Sales. They represented the seller, Dominium, in the deal.
Players
Charlotte CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.29%
Cash-on-Cash
-1.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93