99 N. Country Club Drive, Cullowhee, NC

486582_primary

This 12-unit complex within walking distance of Western Carolina University is consistently rented out.  The property is located just six miles from Sylva.  The roofs of all four units were replaced 2 years ago.  The drive and all parking were recently resurfaced.  Upgrades have been constantly made to keep the units fresh.  Rents are below market rates.  Water; sewer; and garbage pick-up are included in rent.  Renter's only pay for electricity and have the choice of purchasing cable and phone services.

  • Current rental rates are below market
  • Additional income opportunity from laundry
  • Within walking distance of WCU
  • Very low vacancy rate
  • Rent includes water; sewer; and garbage pick-up
  • ±2.99 acres provides for possible expansion
  • Well-maintained 

Located in the heart of Cullowhee; North Carolina; with a population of approximately 9;500 people. The subject property is within walking distance to Western Carolina University with an enrollment of over 9;000 students. The ideal location of this property contributes to an excellent rental history.

The subject property is approximately six-miles from Sylva and 40 minutes from Asheville.

*The information contained herein was obtained from sources deemed to be reliable. However; SVN / Blackstream; LLC makes no guarantees; warranties; or representations as to the completeness or accuracy thereof. SVN / Blackstream recommends a commercial appraisal prior to listing. This is not a commercial appraisal

Listing Details

  • Price: $920,000
  • Square Feet: 10,032
  • Acres: 2.990
  • County: Jackson County
  • Zoning: RO1
  • Price per SqFt: $92
  • Price per Acre: $92
  • Listed By: Sperry Van Ness - Blackstream Commercial; LLC

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