901 Drew Street (N Alston, Hwy 55), Durham, NC 901 Drew Street, Durham, NC 27701

Listing Details

• List Price
  $210,000
• Analysis

  Sale Price $210,000 ÷ 3,600 SF GBA = $58.33 per SF of GBA
  Sale Price $210,000 ÷ six units = $35,000 per unit
  Gross Potential Income $37,800/yr
  GRR 18%
  @ 5% vacancy = 40% expense ratio;
  Indicated CAP rate of ±10%

• Address
  901 Drew Street, Durham, NC 27701
• City
  Durham
• County
  Durham
• Parcel #
  110955
• Listing Agent(s)
• Status
  Closed
• Closed Date
  3/30/2016
• Data Source
  Pickett Sprouse Commercial Real Estate
• Listing ID
  61090