2927 Longpine Road
Property Description
5-dwelling retreat, privately nestled on 9+ serene acres, encircling a communal ~ 2 acre pond. Turn-key "resort" comprised of 4 fully-furnished dwellings and one furnished tiny home. Transcend to another world, just mere minutes to grocery stores, restaurants, medical facilities, shopping, and movie theatres. Three of the properties overlook the pond and all 5 dwellings share immediate access to the pond (within a few yards) via walking paths. This tranquil 9+ acres are beautifully screened with mature bamboo and laced with hike-able foot paths. Launch your kayak/canoe from the main dock to enjoy fishing bass or bluegill, or relaxing near the gazebo. Incredibly convenient to Greensboro PTI airport, RDU airport, major hospitals (Moses Cone, ARMC, UNC Chapel Hill, UNC Hillsborough), 30 mins to Duke VA hospital. Less than 5 miles to Elon University or historic downtown Burlington. This income-producing VRBO retreat has steadily profited for years, performing throughout all seasons with low vacancy rates. Potential uses: Corporate retreat/training/hosting; (25 minutes to Toyota Manufacturing Plant, Liberty, NC); faith-centered retreats; multi-generational homesteading; wedding parties/guests; or, continue in the hospitality short-term accommodations legacy. Located within 10-20 minutes of multiple local golf courses/clubs. Hi-speed internet.
Broker Details
NATALIE & CO REAL ESTATE CONSULTANTS, LLC (919) 357-7557
MLS ID: R73016A
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $3,200,000 |
| No. of Units: | 5 |
| Year Built: | 1970 |
| Lot Size: | 3,681.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $640,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 15 |
| Number of Bathrooms: | 15 |
ID: 3yd-TRIANGLE-10178104
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
1835 Rest Haven Lane
Mcdonough, Georgia
2418 Vineville Avenue
Macon, GeorgiaBrokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout