44 & 54 Legacy Ln - Apartments FOR SALE


Cullowhee, NC 28723
$2,349,000 USD
828-734-5201
44 & 54 Legacy Ln, Cullowhee, NC for Sale
$2,349,000 USD
Apartments - FOR SALE
1/40
null | Request Cap Rate

44 & 54 Legacy Ln
Cullowhee, NC 28723


OVERVIEW

Own a prime multifamily property in the heart of Western Carolina University’s vibrant campus in Cullowhee, NC. This student apartment complex is ideally located to meet the rising demand for premium, walkable housing. With limited campus parking, its central location ensures 100% occupancy and strong rental income, offering immediate cash flow and excellent returns for investors. The property also boasts significant long-term development potential. Its unique campus position is perfect for innovative commercial or enhanced residential projects, potentially becoming a cornerstone of WCU’s growth.

FOR SALE DETAILS

PRICE

$2,349,000 USD

PRICE/SF

$221 USD /SF

# OF UNITS

6

PRICE/UNIT

$391,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1971

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.7 AC

LAND SF

30,492 SF

ZONING

Comm

APN/PARCEL ID

7559-23-8263,7559-23-8373

ASK ABOUT THIS PROPERTY

Brian NolandNAI Beverly-HanksMore Info
828-734-5201

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Brian NolandNAI Beverly-HanksMore Info
828-734-5201

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.