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5830 NC 209 Hwy - Hot Springs Cabin 2,040 SF Specialty Building Offered at $2,076,750 CAD in Hot Springs, NC 28743

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EXECUTIVE SUMMARY

Opportunity to acquire a short-term rental property 45-minutes from Downtown Asheville! This property features a total of 5 1bd/1ba log cabins that offer an ideal investment opportunity in the scenic Hot Springs market. The Asset, built in 2005, boasts an exceptional location within the Hot Springs boasting mountain views, privacy, tranquility. With a total of all 5 of the units being recently renovated, this property presents an outstanding investment opportunity for new owners to capitalize on the area’s high rental potential. Tourism plays a significant role in the Hot Springs' economic development. The town's natural beauty and proximity to national parks attracts visitors seeking outdoor recreation. Overall, the area has experienced positive economic development, driven by its natural resources and thriving tourism industry.

Hot Springs Log Cabins OM - MLS

PROPERTY FACTS

Price	$2,076,750 CAD	Lot Size	11.44 AC
Price Per SF	$1,018.01 CAD	Building Size	2,040 SF
Sale Type	Investment	No. Stories	1
Property Type	Specialty	Year Built/Renovated	2005/2017
Property Subtype	Residential Income	Parking Ratio	4.9/1,000 SF
Building Class	C	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	R-2 - Resort

Price	$2,076,750 CAD
Price Per SF	$1,018.01 CAD
Sale Type	Investment
Property Type	Specialty
Property Subtype	Residential Income
Building Class	C
Lot Size	11.44 AC
Building Size	2,040 SF
No. Stories	1
Year Built/Renovated	2005/2017
Parking Ratio	4.9/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	R-2 - Resort