Log In/Sign Up
Your email has been sent.
127 Deer Hill Ln 4,029 SF Specialty Building Offered at $2,150,000 at a 6.84% Cap Rate in Weaverville, NC 28787
Investment Highlights
- Year-round west facing mountain views and stunning sunsets from main home
- Mini farm setup with animal enclosures, goat house, and chicken houses
- All rental units include hot tubs and furnishings
- Countryside setting just minutes from downtown Weaverville and approximately 15 minutes to Asheville
- Potential for 3 additional rental sites
- Commercial well and multiple septic systems in place
Executive Summary
Rare, cash-flowing short-term rental portfolio delivering institutional-grade returns, situated on a stunning 8.05-acre mountain-top compound just 15 minutes from Asheville, North Carolina. The property features five active income-producing units: three 448 sq.ft. Amish-built log cabins, a 238 sq.ft. seller-built tiny home, and a luxurious 2,447 sq.ft. 3-bedroom/3.5-bathroom mountain home with a chef’s kitchen, a 6-person hot tub, EV charger, and two covered decks all already generating revenue on Airbnb, plus a 6th unit can be added prior to closing, boosting annual revenues by about $30,000. This property is projected to gross well over $200,000+ by the end of 2026, producing a cap rate of almost 7%, and an estimated 23.5% five-year internal rate of return (IRR) at 75% loan-to-value (LTV). In 2025, just the four original units produced over $120,000 in documented gross revenue. With the main house added to the rental pool in 2026, performance has surged by 68%+ year-over-year. Three shovel-ready build sites, each with septic, electric, and drainage already in place offer a clear path to expanding the property to 6, 7, or even 8 units. The seller will even construct a sixth unit before closing, if desired. All furnishings, fixtures, and equipment (FF&E) are included at no additional cost, along with an electric utility vehicle. This isn’t a fixer-upper or a speculative projection. It’s a proven, turnkey business with documented income, a loyal guest base, and significant upside potential. Everything is fully documented and ready to generate strong cash flow from day one.
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $2,150,000 | Building Class | B |
| Price Per SF | $533.63 | Lot Size | 8.06 AC |
| Sale Type | Investment | Building Size | 4,029 SF |
| Cap Rate | 6.84% | No. Stories | 2 |
| Property Type | Specialty | Year Built | 2010 |
| Zoning | OU - Open Use | ||
| Price | $2,150,000 |
| Price Per SF | $533.63 |
| Sale Type | Investment |
| Cap Rate | 6.84% |
| Property Type | Specialty |
| Building Class | B |
| Lot Size | 8.06 AC |
| Building Size | 4,029 SF |
| No. Stories | 2 |
| Year Built | 2010 |
| Zoning | OU - Open Use |
Not walkable
10/100
Exceptionally drivable
90/100
Not bikeable
10/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $759,100 (2025) | |
| Land Assessment | $139,500 (2025) | Total Assessment | $898,600 (2025) |
Property Taxes
Parcel Numbers
Land Assessment
$139,500 (2025)
Improvements Assessment
$759,100 (2025)
Total Assessment
$898,600 (2025)
1 of 53
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
127 Deer Hill Ln