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591-611 Locust Gap Rd
Vilas, NC 28692

$475,990 USD

Specialty For Sale • 347 SF

Property Details

Property Type Specialty
Total Building Size 347 SF
Lot Size 2.05 AC
Year Built 2018
Cap Rate 10.50 %
Zoning Open

0 Transit Score

0 Walk Score

                
                    Highlights
                
                                2 Mountain Top Vacation Rentals w/ Occupancy Rates over 80%! Generating $70,000 annually in income.
                            
                                2+ Acres w/ Room to Expand & RV/Camper-Friendly!
                            
                                Spacious View Decks w/ Fire Pits & Grills
                            
                                Long Range Layered Mtn Views/Views of Beech Mtn Ski Resort
                            
                                Active Turn-Key STR/VR grossing $65k+ Annually!
                            
                                4BR Septic System & Spring-fed Cistern!

Property Flyers

MLS Listing - Client View

Financial Summary (Actual)

Net Operating Income: $50,913 USD (2023)

Cap Rate:	10.50 %
Total Expenses:	$13,087 USD

Amenities

Air Conditioning
Fiber Optic Internet
Smoke Detector

W.D. 'Billy' Rich, Jr 828-999-9028 The Rich Company

591-611 Locust Gap Rd Vilas, NC 28692