44 & 54 Legacy Lane
Property Description
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.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $2,349,000 |
| No. of Units: | 10 |
| Year Built: | 1971 |
| Lot Size: | 0.70 Acres |
| Opportunity Zone: | No |
| Price per unit: | $234,900 |
| Property Website | Click Here |
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
Brokers
View All-
Remax Real Estate Professionals
Re/Max Real Estate Professionals
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Greg Corbin
Northgate Real Estate Group
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout