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44 & 54 Legacy LaneCullowhee, NC 28723Price: $2,875,000

  • Price: $2,875,000
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Federal 30-year interest rate: 7.22% last updated on Nov 30, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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  • $2,875,000List Price
  • 13Bathrooms
  • 0.7Acreage
  • 10,649Square Feet
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Listed by Brian K. Noland of Allen Tate/Beverly-Hanks Waynesville (brian.noland@allentate.com)
Rare investment opportunity to own property located absolutely in the middle of a growing regional university campus -- Western Carolina University. This location currently houses a student apartment complex, but also presents long-term development opportunities for other commercial enterprises that could thrive in a middle-of-the-campus location. As campus parking becomes more difficult and expensive, this unique, walk-everywhere apartment complex location will increase in values and has always enjoyed 100% occupancy. With slight additional development, these apartments could become known as the premier campus residences at WCU. This property can provide an immediate good return, while also banking captivating long-term potential. This may be the only middle-of-the-campus property available at any university in the SE United States; very unique, and possesses great potential for other, creative uses.

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