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Rita Geoppner

rita.geoppner@gmail.com +1(704) 604-9165

$ 1,575,000

Est. payment -/mo

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Active Under Contract

7815 NC Hwy 213 HWY Mars Hill, NC 28754

1.18 Acres Lot

UPDATED:

09/23/2024 04:02 PM

Key Details

Property Type Commercial

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 4170619

Construction Status Completed

Year Built 2024

Lot Size 1.180 Acres

Acres 1.18

Property Description

Brand new construction, fully leased six-unit apartment complex in Mars Hill. Each of the 878 SF units features a modern 2 bed, 2 bath layout and private parking for Tenants. Perfectly positioned in a rapidly growing area near Mars Hill University and just minutes from I-26, this property offers unbeatable convenience for tenants and a golden opportunity for investors. With high demand, limited rental supply, and an estimated 7% cap rate, this property promises substantial returns and smart savings, thanks to low holding costs from its septic system, well water, and county location. It's not just a property?it's your gateway to investment success. Assisted showings only, no drive-bys. For more details, check out our brochure in the attachments. Listed as Multi-Family Sale, MLS# 4168133

Location

State NC

County Madison

Zoning R-B

Interior

Heating Central

Cooling Central Air

Flooring Tile, Vinyl

Inclusions Building, Business, Land

Appliance Convection Oven, Dishwasher, Electric Cooktop, Electric Oven, Refrigerator

Exterior

Utilities Available Electricity Connected

Roof Type Shingle,Wood

Parking Type Parking Lot, Parking Space(s)

Building

Dwelling Type Site Built

Foundation Crawl Space

Builder Name Oak & Ivy Builders

Sewer Septic Installed

Water Well

Structure Type Glass,Hard Stucco,Vinyl,Wood

New Construction true

Construction Status Completed

Others

Senior Community false

Restrictions No Representation

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Listed by Carla Barnard • Carla & Company Real Estate Services • carla@carla-co.com

Rita Geoppner

Agent | License ID: 283974

+1(704) 604-9165

Rita Geoppner

7815 NC Hwy 213 HWY Mars Hill, NC 28754

Key Details

Location

Interior

Exterior

Building

Others

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