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1966 Highway 19 S - Bryson City Multi-Family Development Site 1.93 Acres of Residential Land Offered at $1,275,000 in Bryson City, NC 28713



Investment Highlights
- No Zoning
- High demand for Work Force Rental
- Great Smoky Mtn National Park Deep Creek Access area
- High demand Short Term Rental market area
- Limited supply of inventory for Sale or for Lease housing
- Water and Sewer permits available
Property Facts
1 Lot Available
Lot
| Price | $1,275,000 | Lot Size | 1.93 AC |
| Price Per AC | $660,621.76 |
| Price | $1,275,000 |
| Price Per AC | $660,621.76 |
| Lot Size | 1.93 AC |
Rough graded No Zoning Limited supply of existing housing for sale or for lease High demand for workforce housing High demand for Short Term Rental Great Smoky Mtn Nat Park Deep Creek access Sought after 2nd home market
Description
Tremendous opportunity to develop a residential project with a huge demand for housing of all types in Bryson City, NC. Current site plan for 24 units of townhouse style or 36 units of apartments. A mix of long term and short term rentals is quite feasible in this area. There is a huge demand for workforce housing and also short term rentals. In addition, there is high demand for the second home market in this vacation/resort area of the NC side of the Great Smoky Mtn National Park. Property is situated within 2-10 minute drive time of grocery, pharmacy, doctors, hospital, downtown Bryson City and Deep Creek access area in the Great Smoky Mtn National Park. Bryson City is a destination spot for travelers seeking the outdoor activities of hiking, trout fishing, kayaking, mountain biking or the nightlife of nearby Harrah's Cherokee Casino. Located between Fontana Lake, Great Smoky Mountains National Park, Cherokee Indian Reservation, Dillsboro and the Nantahala Gorge. Bryson City is a hub in which many seek accomodations for Western NC vacations. Site rough grading has been completed and water/sewer permits for 12 units were obtained, but have now expired. New permits should be obtained by a new owner/developer and also for the volume of density developer plans to construct. The beautiful thing about this location is that there is not a zoning permit necessary. The owner/seller does have adjacent property and would hold some restriction on density and some exterior materials. Seller Financing can be offered with release fees and owner would consider a joint venture with qualified developers/contractors.
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1966 Highway 19 S - Bryson City Multi-Family Development Site
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