Active

44 & 54 Legacy Lane

Cullowhee NC, 28723

$3,125,000


$293.45 per sqft

Active

13 Baths

10,649 sqft

Commercial

Built in 1971

Rare investment opportunity to own property located absolutely in the middle of a growing regional university campus -- Western Carolina University. This location currently houses a student apartment complex, but also presents long-term development opportunities for other commercial enterprises that could thrive in a middle-of-the-campus location. As campus parking becomes more difficult and expensive, this unique, walk-everywhere apartment complex location will increase in values and has always enjoyed 100% occupancy. With slight additional development, these apartments could become known as the premier campus residences at WCU. This property can provide an immediate good return, while also banking captivating long-term potential. This may be the only middle-of-the-campus property available at any university in the SE United States; very unique, and possesses great potential for other, creative uses.

26032812

MLS ID

February 16, 2024

Updated

Map

44 & 54 Legacy Lane
Cullowhee NC, 28723

Interior Features

Bathrooms

13 Baths


Floor Description

Hardwood, Tile


Fireplace

No


Cooling

Yes


Cooling Description

Central Electric Heat Pump


Heating

Yes


Heating Description

Electric Heat Pump

Exterior/Building Features

Lot Size

0.7 Acres


Lot Features

Cul-De-Sac, City Lot


Roof

Shingle

Other Property Details

Area Name

Cullowhee


Taxes

$2,500


Tax Frequency

Annually


Days on Market

1


Garage

No


Parking

Limited of Spaces


View

No


County

Jackson


Pool

No


Buyer Agency Compensation

5%

Courtesy of Allen Tate - Beverly Hanks Realtors, Brian Noland (MLS only),
Listing Contact: 8284525809 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Marty Kimsey shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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