57 Observation Point Dr - Apartments FOR SALE


Bryson City, NC 28713
$699,000 USD
828-400-9162
57 Observation Point Dr, Bryson City, NC for Sale
$699,000 USD
Apartments - FOR SALE
1/36
null | 8% Cap Rate

57 Observation Point Dr
Bryson City, NC 28713


OVERVIEW

Don't miss this unique opportunity to acquire a profitable rental chalet in a prime location:a fully furnished duplex with a total of 3200 sq ft, comprised of two units ea @ 1600 sq ft. Tailored for maximum comfort and income, the duplex can host up to 12 guests, featuring 4 beds (1 King+2 Queen per unit),4 baths, 2 kitchens, 2 fireplaces & 4 balconies. The central covered outdoor terrace, complete with a grill and bar/lounge area, overlooks a picturesque mountain view. Perfect for family getaways & group gatherings. Nantahala Village Resort provides an outdoor pool, sports courts, game room, a fitness center, horseback riding & hiking trails in the Nantahala National Forest. Situated in the Smoky Mtns & nearby premier outdoor attractions, within a 5 min drive you will find the renowned NOC & Fontana Lake boat ramp access. Ideal for investors or buyers desiring a residence that generates passive income, this property is a rare fusion of luxury, location + earning potential.

FOR SALE DETAILS

PRICE

$699,000 USD

PRICE/SF

$109 USD /SF

# OF UNITS

4

PRICE/UNIT

$174,750

CAP RATE

8%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

57 Observation Point Rd, Bryson City NC

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1988

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.55 AC

LAND SF

23,958 SF

ZONING

-

APN/PARCEL ID

6641-00-25-3517

ASK ABOUT THIS PROPERTY

Ginny MostellerBetter Home and Gardens Real EstateMore Info
828-400-9162

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Ginny MostellerBetter Home and Gardens Real EstateMore Info
828-400-9162

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.