This 14-unit apartment complex located within walking distance of downtown Sylva is constantly rented out. Located just 6 miles from Western Carolina University. The roof on one unit was recently replaced and upgrades have been constantly made to keep the units fresh. Rents are below market rates. Renters pay for electricity and water. Apartments have city water and sewer.
- 14 constantly rented units
- Located 6 miles from WCU campus
- Walking distance to downtown Sylva
- All units have HVAC
- Well maintained
- Below market rent
- Owner financing over 5 years available
1.20-acres of excess land for expansion is available for $100;000.
Directions: Take I-40 W to US-74 W / Great Smoky Mountain Expy in Clyde. Take exit 27 and go 25 miles to 90 Kimbrell Lane on the left at Mica Ridge Apartments sign.
- Price: $1,100,000
- Square Feet: 15,032
- Acres: 1.590
- County: Jackson County
- Zoning: B-2
- Price per SqFt: $73
- Price per Acre: $73
- Listed By: Sperry Van Ness - Blackstream Commercial; LLC