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Key Details
Sold Price $1,700,000
Property Type Commercial
Sub Type Building/Land
Listing Status Sold
Purchase Type For Sale
Subdivision None
MLS Listing ID 238751
Sold Date 02/13/23
HOA Y/N No
Year Built 1983
Annual Tax Amount $3,719
Lot Size 4.680 Acres
Acres 4.68
Property Description
Six charming and relaxing cabins on the Middle Fork Creek. Three 1 bedroom/1 bath cabins and Three 2 bedroom/1 bath cabins. Plenty of room for additional cabins and event space.
This investment is valued to provide strong ROI day one and allows for additional revenue growth opportunities.
Enjoy a strong return on your investment from this property with revenue history and upside. Established revenue stream. Patrons have been enjoying this oasis on the Middle Fork Creek, just 2 miles to downtown Blowing Rock for decades. Rolling 12 month revenue is over 200K. Now is the time to capitalize on this investment.
Location
State NC
County Watauga
Community Short Term Rental Allowed
Area 4-Bluerdg, Blowrck Yadvall-Pattsn-Globe-Caldwll)
Interior
Heating Baseboard, Electric
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Parking Features Gravel
Community Features Short Term Rental Allowed
Utilities Available High Speed Internet Available
Water Access Desc Other,See Remarks
Roof Type Architectural,Shingle
Building
Sewer Other, See Remarks
Water Other, See Remarks
Schools
Elementary Schools Blowing Rock
High Schools Watauga
Others
Tax ID 2818-64-2051-000
Acceptable Financing Cash, Conventional, New Loan
Listing Terms Cash, Conventional, New Loan
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Bought with Keller Williams High Country