$2,495,000 $13,015 est/mo Sourced by Back At You

44 & 54 Legacy Lane,Cullowhee, NC 28723

Cullowhee NC, 28723

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Description

Rare investment opportunity to own property located absolutely in the middle of a growing regional university campus -- Western Carolina University. This location currently houses a student apartment complex, but also presents long-term development opportunities for other commercial enterprises that could thrive in a middle-of-the-campus location. As campus parking becomes more difficult and expensive, this unique, walk-everywhere apartment complex location will increase in values and has always enjoyed 100% occupancy. With slight additional development, these apartments could become known as the premier campus residences at WCU. This property can provide an immediate good return, while also banking captivating long-term potential. This may be the only middle-of-the-campus property available at any university in the SE United States; very unique, and possesses great potential for other, creative uses.

Details

MLS#4073888
Listing TypeFor Sale
StyleSpecial Purpose
Sub-TypeResale
StatusActive
Year1971
Days On Site240
Listing Provided ByAllen Tate/Beverly-Hanks Waynesville | Brian K. Noland

Features

Bath(s)13
Building(s)4
Acreage0.70
Property ViewCity

Market Activity 28723

 Listings courtesy of Canopy Realtor® Association as distributed by MLS GRID.

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Learn More About This Property

StateNC
CountyJackson
CityCullowhee
Zip Code28723
AreaJackson
Listing VS Median (in 28723)
Price:
$2,495,000
low | high
Med:
$422,500
100% of Average
On Site:
240
low | high
Med:
78.500000
100% of Average
Sourced by Back At You
Listing Updated: May 22, 2024 at 3:58:34 PM PDT
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