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44 & 54 Legacy Lane

Cullowhee, NC 28723
  • $3,125,000
  • STATUS: Active
  • ON SITE: 72 Days
  • MLS #: 26032812
UPDATED: 55 min ago
$3,125,000
  • 0
    BEDS
  • 0.7
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
N/A
Type:
Commercial
Built:
1971
County:
Area:

School Ratings & Info

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.

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© 2023 Franklin Board of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Old Town Brokers. Data last updated: 2023-12-11T13:31:46.253.
www.oldtownbrokers.com/homes/143855821
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44 & 54 Legacy Lane Cullowhee, NC 28723

  • Price: $3,125,000
  • Status: Active
  • On Site: 72 Days
  • Updated: 55 min ago
  • MLS #: 26032812
0
Beds
0
Baths
0
½ Baths
0.7
Acres
1971
Built
Neighborhood:
N/A
County:
Jackson
Area:
Cullowhee
Property 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.
Exterior Features

Access Paved Road Acreage Range < 1 acre Construction Masonry Parking Limited # of Spaces Roof Shingle Utilities Electricity AvailableWater AvailableSewer Available

Interior Features

Apx Sq Ft Other-See Remarks Cooling Central Electric Heat Pump Floors HardwoodTile Heating Electric Heat Pump Restrooms 13

Property Features

Building Size per record Building2 per record Building3 per record Building4 per record City Tax 0.00 County Tax 2500.00 Easements Restrictions n/a Financing CashConventional Lease Terms Other-See Remarks Location Cul-de-Sac Miscellaneous Smoke Detectors Parcel ID 7559-23-83737559-23-8263 Possession Subject To Tenant Rights Township Cullowhee (Jackson Co.) TV / Internet Fiber Optics Type Multi-Family Type Sale Not Applicable

Listing information © 2023 Franklin Board of Realtors MLS
Listing provided courtesy of Brian Noland (Mls Only) of Allen Tate - Beverly Hanks Realtors: 8284525809.



© 2023 Franklin Board of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Old Town Brokers. Data last updated: 2023-12-11T13:31:46.253.
 
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