Active
  • $695,000

    29 Winterberry Dr, Cullowhee, NC 28723

    --beds
    --baths
    5,918sqft
    : 
    Multi Family
    Built in 1971
    -- sqft lot
    $645,400 Zestimate®
    $117/sqft
    $-- HOA

    What's special

    Private settingOver an acreAmple parking
    Turnkey 8-unit multifamily property in Cullowhee, NC — located just minutes from WCU. 29 Winterberry offers a mix of units sizes with strong rental demand and professional management in place. Current gross rents exceed $6,300/month with upside to over $7,500/month at market. TTM operating expenses: ~$25K, yielding an NOI of ~$48K and a 6.9% cap rate at list. Private setting with ample parking on over an acre. Ideal for investors seeking cash flow in a stable, growing rental market. Upside in rents and value. Shown by appointment only — do not disturb tenants.
    40 days
    on Zillow
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