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Executive Summary
Own a prime multifamily property in the heart of Western Carolina University’s vibrant campus in Cullowhee, NC. This student apartment complex is ideally located to meet the rising demand for premium, walkable housing. With limited campus parking, its central location ensures 100% occupancy and strong rental income, offering immediate cash flow and excellent returns for investors. The property also boasts significant long-term development potential. Its unique campus position is perfect for innovative commercial or enhanced residential projects, potentially becoming a cornerstone of WCU’s growth.
Property Facts
| Price | $3,204,318 CAD | Building Class | C |
| Price Per Unit | $534,053 CAD | Lot Size | 0.70 AC |
| Sale Type | Investment | Building Size | 10,649 SF |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1971 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | Comm - Commercial | ||
| Price | $3,204,318 CAD |
| Price Per Unit | $534,053 CAD |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.70 AC |
| Building Size | 10,649 SF |
| No. Stories | 2 |
| Year Built | 1971 |
| Opportunity Zone |
Yes |
| Zoning | Comm - Commercial |
Amenities
Unit Amenities
- Dishwasher
- Washer/Dryer
- Washer/Dryer Hookup
- Refrigerator
- Oven
Site Amenities
- Walk To Campus
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Property Taxes
| Parcel Numbers | Improvements Assessment | $1,234,026 CAD | |
| Land Assessment | $389,058 CAD | Total Assessment | $1,623,084 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$389,058 CAD
Improvements Assessment
$1,234,026 CAD
Total Assessment
$1,623,084 CAD
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44 & 54 Legacy Ln
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