Haywood & Jackson Counties, NC and Surrounding Areas

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19 Winding Gap Lane
Tuckasegee, NC 28783
MLS# 26009634 ID: 53855887
$550,000
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Property Description
Commercial,Other - Tuckasegee, NC This is a unique opportunity to acquire a turn key, meticulously maintained vacation rental establishment with Wolfe Creek Lake access. There are three beautifully appointed cabins, the oldest being only 5 years old, the newest is 3 years old, all have newer appliances and furnishings, all have split zone HVAC units and have Hardi Plank low maintenance exteriors. Public Lake access is literally a "stones throw" away and lake views are available from most of the property. There is room on the property to construct two additional units/cabins which will only enhance the revenue potential this property has. The current owners/caretaker of the property have done an excellent job in building up an excellent rental history which has seen over a 40% YoY increase in revenues. This enterprise has solid financials and boosts a very favorable cap rate and will provide a great cash on cash return for the right investor. The grounds the units are on are gorgeous and offers the serenity that vacationers desire, there are even some limited hiking trails right on the property. Each unit has a sleeping loft that can accommodate up to four people, plus the master.
Property Features
Status
Last Updated October 8, 2019
Market Status Available
Description
Property Type Commercial
Approx. Lot Size 6.02 Acres
Building Features
Roof Metal
Exterior Features
Exterior Construction Concrete
Parking Off Street
Interior Features
Floors Carpet; Hardwood; Tile - Ceramic
Listing Features
Property Type Commercial; Commercial,Other
Offered By:
Robin Starrs
WESTERN CAROLINA PROPERTIES-Dillsboro
Schools Near Property

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Data on community demographics, schools and recent sales provided by OnBoard LLC Copyright © 2002 - 2012 OnBoard LLC. Information is deemed reliable but is not guaranteed.
Recent Sales Near Property
Address Beds Baths Price
1 90 Bear Ridge, Tuckasegee, Nc 28783 2 1 $115,000
2 186 Misty, Tuckasegee, Nc 28783 2 2 $88,000
3 122 Alpendorf, Tuckasegee, Nc 28783 3 2 $199,000
4 174 Bear Lake, Tuckasegee, Nc 28783 $4,000
5 107 Bear Lake, Tuckasegee, Nc 28783 5 5 $1,200,000
6 103 Bear Lake, Tuckasegee, Nc 28783 $50,000
7 80 Daisy, Tuckasegee, Nc 28783 2 2 $127,500
8 1949 Johns Creek, Cullowhee, Nc 28723 3 1 $110,000
9 180 Triangle, Tuckasegee, Nc 28783 $42,000
10 261 Log Cabin, Cullowhee, Nc 28723 $338,000
Data on community demographics, schools and recent sales provided by OnBoard LLC Copyright © 2002 - 2012 OnBoard LLC. Information is deemed reliable but is not guaranteed.
Receive a Free Community Profile
Quick Glance
Population 1,751
Population Growth 20%
Population Density 27
Median Age 44.3
Median Income $23,392
Households 759
Weather
Jan Low 25.44
Jan High 47.78
July Low 65.24
July High 87.52
Annual Precipitation (in.) 57.9
Weather Risk Index* 51
*Index score (100 = National Average) that represents the total risk
Tuckasegee Demographics
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Tuckasegee Housing Statistics
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Data on community demographics, schools and recent sales provided by OnBoard LLC Copyright © 2002 - 2012 OnBoard LLC. Information is deemed reliable but is not guaranteed.

Data Provided by Franklin Board of Realtors

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