5830 NC 209 Hwy - Residential Income FOR SALE


Hot Springs, NC 28743
$1,500,000 USD
980-312-0967
5830 NC 209 Hwy, Hot Springs, NC for Sale
$1,500,000 USD
Residential Income - FOR SALE
1/74
null | Request Cap Rate

5830 NC 209 Hwy
Hot Springs, NC 28743


OVERVIEW

Opportunity to acquire a short-term rental property 45-minutes from Downtown Asheville! This property features a total of 5 1bd/1ba log cabins that offer an ideal investment opportunity in the scenic Hot Springs market. The Asset, built in 2005, boasts an exceptional location within the Hot Springs boasting mountain views, privacy, tranquility. With a total of all 5 of the units being recently renovated, this property presents an outstanding investment opportunity for new owners to capitalize on the area’s high rental potential. Tourism plays a significant role in the Hot Springs' economic development. The town's natural beauty and proximity to national parks attracts visitors seeking outdoor recreation. Overall, the area has experienced positive economic development, driven by its natural resources and thriving tourism industry.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$735 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hot Springs Cabin

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

11.44 AC

LAND SF

498,326 SF

ZONING

R-2

APN/PARCEL ID

8758-73-9590

ASK ABOUT THIS PROPERTY

Alex LopezVerge LLcMore Info
980-312-0967

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Alex LopezVerge LLcMore Info
980-312-0967

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