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6572 Burkemont Rd - Hidden Hill 4,790 SF Specialty Building Offered at $3,692,736 CAD at a 7.54% Cap Rate in Morganton, NC 28655
Investment Highlights
- Turnkey Wedding & Event Venue – Fully furnished and operational with bookings in place
- Established Business – Loyal client base, preferred vendors, and strong market presence
- Recent Capital Improvements – 2024 patio addition, driveway sealcoat, drainage, HVAC upgrades
- 4,790 SF Barn-Style Event Center – Built in 2017 with upscale finishes and open-concept design
- Indoor-Outdoor Flow – Seamless transition from event space to scenic outdoor areas
Executive Summary
Nestled in a picturesque setting, Hidden Hill offers a seamless blend of rustic charm and modern elegance, making it a sought-after destination for weddings, corporate events, and private gatherings. The venue features stunning indoor and outdoor spaces, ample guest parking, and thoughtfully designed amenities that enhance the guest experience.
Whether you're an experienced event professional or an investor looking to expand into the profitable event industry, Hidden Hill is a turn-key solution with an established reputation and client base.
Key Highlights:
-Fully furnished and move-in ready
-Active bookings in place for immediate income
-Elegant event space with scenic views
-Ample on-site parking and guest accommodations
-Proven income-producing property with growth potential
This is more than a property – it’s a thriving business and a beautiful backdrop for unforgettable memories. Step into ownership and start hosting events from day one!
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
- Miscellaneous
Property Facts
| Price | $3,692,736 CAD | Building Class | C |
| Price Per SF | $770.93 CAD | Lot Size | 10.08 AC |
| Sale Type | Investment | Building Size | 4,790 SF |
| Cap Rate | 7.54% | No. Stories | 1 |
| Sale Condition | Business Value Included | Year Built | 2017 |
| Property Type | Specialty | Parking Ratio | 14.61/1,000 SF |
| Zoning | R-3 - Residential | ||
| Price | $3,692,736 CAD |
| Price Per SF | $770.93 CAD |
| Sale Type | Investment |
| Cap Rate | 7.54% |
| Sale Condition | Business Value Included |
| Property Type | Specialty |
| Building Class | C |
| Lot Size | 10.08 AC |
| Building Size | 4,790 SF |
| No. Stories | 1 |
| Year Built | 2017 |
| Parking Ratio | 14.61/1,000 SF |
| Zoning | R-3 - Residential |
Amenities
- Air Conditioning
About 6572 BURKEMONT RD , MORGANTON, NC 28655
Perched at a breathtaking 2,539 ft elevation, Hidden Hill Venue & Conference Center offers panoramic views of Grandfather Mountain, Lake James, Mount Mitchell, and the Black Mountain Range. This fully operational, turnkey event venue is a rare opportunity for both continued commercial use or conversion into a private luxury estate. The crown jewel of the property is a 4,790 sq ft barn-style structure, built in 2017, that artfully blends the charm of a southern estate with modern open-concept functionality. Designed to impress, the venue features soaring ceilings, upscale finishes, and seamless indoor-outdoor flow—creating a picture-perfect setting for weddings, retreats, and high-end gatherings. Recent 2024 updates include: A new extended patio ($20K) Fresh sealcoat on the driveway Underground drain system installation New sod across 40% of the front yard New booster pump, sprinkler pump, and water pressure tank HVAC unit upgraded with a new compressor The property also boasts a 70-car parking lot, established vendor relationships, and a loyal client base—with events already booked for the upcoming season. Conveniently located between Asheville and Charlotte, this venue combines serenity with accessibility. Whether you're looking to expand your event portfolio or envision a mountaintop estate to call your own, Hidden Hill is a versatile, income-producing asset with exceptional upside.
Property Taxes
| Parcel Number | 51400 | Improvements Assessment | $795,088 CAD |
| Land Assessment | $170,162 CAD | Total Assessment | $965,250 CAD |
Property Taxes
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6572 Burkemont Rd - Hidden Hill
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