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    5830 Nc 209 Highway

    Hot Springs, NC 28743
    • $1,000,000
    • STATUS: Active
    • ON SITE: 14 days
    • ID#: 3661285
    UPDATED: 99 min ago
    $1,000,000
    • 0
      BEDS
    • 11.44
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,168
      SQFT
    • $461
      $/SQFT
    Type:
    Commercial
    Built:
    2005
    County:
    Area:

    School Ratings & Info

    Offered by Exp Realty Llc. Copyright 2020 Canopy MLS. All rights reserved.

    Description

    Offered at over a 15% cap rate, this established nightly rental business boasts five adorable log cabins on 11.44 acres. All cabins have 1 bedroom and 1 bath, a fireplace, and a gas grill, Private deck with hot tub allows guests to soak in the mountain views. Nestled in the mountains of Madison County, these meticulously-maintained cabins are located a short drive to Marshall, Mars Hill, Asheville, Weaverville, and Tennessee. Visitors can enjoy solitude and hike trails in nearby Pisgah National Forest and Appalachian Trail. This is a rare turnkey business opportunity with 15 years of documented 90%+ occupancy (2019 was 94% and 2020 is 98% YTD; 99% booked through November). Website and all future bookings convey. Survey 2020; new home inspections for each cabin in Dec 2019; septic tanks pumped 2019 (each unit has own septic system). Come to Hot Springs to start living your short-term rental dream today! Copy/paste the following link for bird's eye view: https://youtu.be/c-27s0zbZRc

    Monthly Payment Calculator



    Based on information submitted to the MLS GRID as of 2020-09-30T23:59:05.33 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Keller Williams Professionals nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2020 Canopy MLS.

    Digital Millennium Copyright Act
    www.homefinderasheville.com/homes/110053860
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    5830 Nc 209 Highway Hot Springs, NC 28743

    • Price: $1,000,000
    • Status: Active
    • Updated: 99 min ago
    • ID#: 3661285
    0
    Beds
    0
    Baths
    0
    ½ Baths
    11.44
    Acres
    2,168
    SQFT
    $461
    $/SQFT
    2005
    Built
    County:
    Madison
    Area:
    Hot Springs
    Property Description
    Offered at over a 15% cap rate, this established nightly rental business boasts five adorable log cabins on 11.44 acres. All cabins have 1 bedroom and 1 bath, a fireplace, and a gas grill, Private deck with hot tub allows guests to soak in the mountain views. Nestled in the mountains of Madison County, these meticulously-maintained cabins are located a short drive to Marshall, Mars Hill, Asheville, Weaverville, and Tennessee. Visitors can enjoy solitude and hike trails in nearby Pisgah National Forest and Appalachian Trail. This is a rare turnkey business opportunity with 15 years of documented 90%+ occupancy (2019 was 94% and 2020 is 98% YTD; 99% booked through November). Website and all future bookings convey. Survey 2020; new home inspections for each cabin in Dec 2019; septic tanks pumped 2019 (each unit has own septic system). Come to Hot Springs to start living your short-term rental dream today! Copy/paste the following link for bird's eye view: https://youtu.be/c-27s0zbZRc
    Exterior Features

    Elevation 2000 Other Parking Each Unit Has Private Parking in Front Of Rental. Road Frontage Type GravelPaved RoadPrivately Maintained Rd. Roof Metal Waterfront Features None

    Interior Features

    Accessibility Features 2 Or More Access ExitsNo Interior Steps Building Area Total 2168 Cooling Other Flooring Wood Foundation Details BlockPier & Beam Heating ElectricOther Stories Total 1 Utilities Electricity AvailableSeptic TankTelephone On-SiteWell

    Property Features

    Inclusions BuildingBusinessEquipmentFixturesInventoryLandOther Listing Terms Cash New Construction YN No Property Sub Type Commercial Special Listing Conditions Subject To LeaseNone Structure Type Hotel/Motel Tax Assessed Value 328514



    Based on information submitted to the MLS GRID as of 2020-09-30T23:59:05.33 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Keller Williams Professionals nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2020 Canopy MLS.

    Digital Millennium Copyright Act
     
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    Keller Williams Professionals
    86 Asheland Avenue
    Asheville NC, 28801
    Offered by Exp Realty Llc. Copyright 2020 Canopy MLS. All rights reserved.