Updated Sep 22, 2026
Will Klinke Of Fivf IV Acquires Industrial Property From Carlos Edde For $7.025M In Charlotte
901 Blairhill Road
$7,025,000
$161/SF
Building Size
43,427 SF
Asset Type
Industrial
Closing
Sep 16, 2026
About this deal
AI
This industrial property, located at 901 Blairhill Road in Charlotte, was sold for $7,025,000. The asset spans 43,427 square feet, translating to a price per square foot of $161.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $7,025,000
- Buyer: Will Klinke - Fivf IV
- Seller: Carlos Edde - ACP Blairhill
- Brokers: Marc D. Smouha & David Salameh - Corepoint RE
Marc D. Smouha and David Salameh of Corepoint RE represented both the buyer, Will Klinke, and seller, Carlos Edde, in this transaction, highlighting their role in facilitating the deal.
On the Map
$7,025,000
$161/SF
Industrial
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Players
Charlotte Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.26%
Cash-on-Cash
-0.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93