44 & 54 Legacy Lane, Cullowhee, NC 28723

$2,349,000

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Listing courtesy of Howard Hanna Beverly-Hanks Waynesville. brian.noland@allentate.com

List Price
$2,349,000
MLS#
4292072
Status
ACTIVE
Days on Market
369
Property Type
Commercial Sale
Year Built
1971
Lot Size
30,491
Lot Size Area
0.7000000000000001
County
Jackson
Building Name
Tree House Apartments
Special Conditions
None

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.

Additional Information

Floor Coverings
Tile, Wood
Equipment
Dishwasher, Dryer, Electric Cooktop, Electric Oven, Electric Water Heater, ENERGY STAR Qualified Light Fixtures, Exhaust Fan, Exhaust Hood, Oven, Refrigerator, Self Cleaning Oven, Washer, Washer/Dryer
Foundation
Basement, Slab
Heating
Central, Heat Pump, Separate Meters
Water
County Water
Sewer
Public Sewer
Exterior Construction
Brick Partial, Wood
Roof
Shingle, Metal
Parking
Assigned, Parking Lot
Driveway
Paved
Lot Description
Cul-De-Sac, Level, Paved, Sloped

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Calculator source: Real Geeks

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