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Landing at Western 4616 Little Savannah Rd 19 Unit Apartment Building $6,750,000 ($355,263/Unit) 6.49% Cap Rate Cullowhee, NC 28723

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INVESTMENT HIGHLIGHTS

High Barrier to Entry Market
Limited Competition
Preferred Housing Type

Strong Student Enrollment Growth
Student Rent Growth Trajectory

Operating and Financials

PROPERTY FACTS

Price	$6,750,000	Building Class	A
Price Per Unit	$355,263	Lot Size	2.63 AC
Sale Type	Investment	Building Size	39,606 SF
Cap Rate	6.49%	Average Occupancy	100%
No. Units	19	No. Stories	2
Property Type	Multifamily	Year Built	2018
Property Subtype	Apartment	Parking Ratio	2.52/1,000 SF
Apartment Style	Townhome	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.

Price	$6,750,000
Price Per Unit	$355,263
Sale Type	Investment
Cap Rate	6.49%
No. Units	19
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Townhome
Building Class	A
Lot Size	2.63 AC
Building Size	39,606 SF
Average Occupancy	100%
No. Stories	2
Year Built	2018
Parking Ratio	2.52/1,000 SF
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.