7815 NC Hwy 213 HWY, Mars Hill, NC 28754 – 4168133

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Libby Allison

libbyallison1@gmail.com +1(704) 345-7757

$1,575,000

Est. payment - /mo

12 Beds

12 Baths

5,268 SqFt

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UPDATED:

10/30/2024 01:42 PM

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 5,268 sqft

Price per Sqft $298

MLS Listing ID 4168133

Style Contemporary

Bedrooms 12

Full Baths 12

Construction Status Completed

Abv Grd Liv Area 5,268

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 Commercial Sale, MLS#4170619.

Location

State NC

County Madison

Zoning R-B

Interior

Interior Features Walk-In Closet(s)

Heating Central

Cooling Central Air

Flooring Tile, Vinyl

Fireplace false

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

Exterior

Utilities Available Electricity Connected

Roof Type Shingle,Wood

Garage false

Building

Dwelling Type Site Built

Foundation Crawl Space

Builder Name Oak & Ivy Builders

Sewer Septic Installed

Water Well

Architectural Style Contemporary

Structure Type Glass,Hard Stucco,Vinyl,Wood

New Construction true

Construction Status Completed

Schools

Elementary Schools Mars Hill

Middle Schools Madison

High Schools Madison

Others

Senior Community false

Restrictions No Representation

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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

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Libby Allison

+1(704) 345-7757

Agent | License ID: 303873

Agent License ID: 303873

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