Updated Sep 9, 2024
Glenn D. Esterson Acquires Mobile Home In Winston-Salem, NC For $5.4M
9000 Faires Road Charlotte, North Carolina 28215
$5,365,000
Building Size
—
Asset Type
Other
Closing
Jun 15, 2023
About this deal
AI
A mobile home located at 129 Sides Meadow Road, 7171 Untz Rd & 9000 Faires Road in Winston-Salem, Concord & Charlotte, NC has been sold for a price of $5,365,000. The property is a mobile home, and the sale was facilitated by Glenn D. Esterson of Marcus & Millichap.
Summary of transaction details:
- Property Type: Mobile Home
- Transaction Amount: $5,365,000
- Address: 129 Sides Meadow Road, 7171 Untz Rd & 9000 Faires Road, Winston-Salem, Concord & Charlotte, NC
The sale of the mobile home was brokered by Glenn D. Esterson from Marcus & Millichap. The transaction highlights the involvement of key individuals and companies in the deal.
Charlotte Other Market Snapshot
Boundary boundary · Other · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.96%
Cash-on-Cash
-0.85%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93