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5830 NC 209 Hwy - Hot Springs Cabin 2,040 SF Specialty Building Offered at $1,500,000 in Hot Springs, NC 28743
EXECUTIVE SUMMARY
Opportunity to acquire a short-term rental property 45-minutes from Downtown Asheville! This property features a total of 5 1bd/1ba log cabins that offer an ideal investment opportunity in the scenic Hot Springs market. The Asset, built in 2005, boasts an exceptional location within the Hot Springs boasting mountain views, privacy, tranquility. With a total of all 5 of the units being recently renovated, this property presents an outstanding investment opportunity for new owners to capitalize on the area’s high rental potential. Tourism plays a significant role in the Hot Springs' economic development. The town's natural beauty and proximity to national parks attracts visitors seeking outdoor recreation. Overall, the area has experienced positive economic development, driven by its natural resources and thriving tourism industry.
PROPERTY FACTS
| Price | $1,500,000 | Lot Size | 11.44 AC |
| Price Per SF | $735.29 | Building Size | 2,040 SF |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Specialty | Year Built/Renovated | 2005/2017 |
| Property Subtype | Residential Income | Parking Ratio | 4.9/1,000 SF |
| Building Class | C | Opportunity Zone |
Yes
|
| Zoning | R-2 - Resort | ||
| Price | $1,500,000 |
| Price Per SF | $735.29 |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Residential Income |
| Building Class | C |
| Lot Size | 11.44 AC |
| Building Size | 2,040 SF |
| No. Stories | 1 |
| Year Built/Renovated | 2005/2017 |
| Parking Ratio | 4.9/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R-2 - Resort |
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Verge LLc
5830 NC 209 Hwy - Hot Springs Cabin
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