Courtesy of: Tyler Mellor, EXP Realty LLC, tyler@pisgahpropertygroup.com
Courtesy of: Tyler Mellor, EXP Realty LLC, tyler@pisgahpropertygroup.com
$695,000
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Lot: 1.13 Acres
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Other
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$695,000
29 Winterberry Drive Turnkey 8-unit multifamily property in Cullowhee, NC - located just minutes from WCU. 29 Winterberry offers a mix of units sizes with strong rental demand and professional management in place. Current gross rents exceed $6, 300/month with upside to over $7, 500/month at market. TTM operating expenses: ~$25K, yielding an NOI of ~$48K and a 6.9% cap rate at list. Private setting with ample parking on over an acre. Ideal for investors seeking cash flow in a stable, growing rental market. Upside in rents and value. Shown by appointment only - do not disturb tenants.
Courtesy of: Tyler Mellor, EXP Realty LLC, tyler@pisgahpropertygroup.com
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