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44 & 54 Legacy Ln 6 Unit Apartment Building $2,349,000 ($391,500/Unit) Cullowhee, NC 28723

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EXECUTIVE SUMMARY

Own a prime multifamily property in the heart of Western Carolina University’s vibrant campus in Cullowhee, NC. This student apartment complex is ideally located to meet the rising demand for premium, walkable housing. With limited campus parking, its central location ensures 100% occupancy and strong rental income, offering immediate cash flow and excellent returns for investors. The property also boasts significant long-term development potential. Its unique campus position is perfect for innovative commercial or enhanced residential projects, potentially becoming a cornerstone of WCU’s growth.

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PROPERTY FACTS

Price	$2,349,000	Building Class	C
Price Per Unit	$391,500	Lot Size	0.70 AC
Sale Type	Investment	Building Size	10,649 SF
No. Units	6	No. Stories	2
Property Type	Multifamily	Year Built	1971
Property Subtype	Apartment	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	Comm - Commercial

Price	$2,349,000
Price Per Unit	$391,500
Sale Type	Investment
No. Units	6
Property Type	Multifamily
Property Subtype	Apartment
Building Class	C
Lot Size	0.70 AC
Building Size	10,649 SF
No. Stories	2
Year Built	1971
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	Comm - Commercial