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8026 Buck Creek Road 8026 Buck Creek Rd 4 Unit Apartment Building $1,495,000 ($373,750/Unit) 6.90% Cap Rate Marion, NC 28752
INVESTMENT HIGHLIGHTS
- 4 Unit
- Mountain Views
- 14 Bed/14.5 Bath
- Income Producing
EXECUTIVE SUMMARY
Mountain Multi-Home Blue Ridge Retreat located just under the Parkway about 45 minutes to Asheville. Rare chance to owna high-capacity, income-producing retreat bordering Pisgah National Forest. This secluded paradise surrounded by pristine views (not a home in site)- offers 14 BR / 14.5 BA spanning four fully furnished structures (Main House, Summit House, and two themed tiny guest quarters) with luxury finishes, hot tub, paved access and paved drives throughout the property with sweeping panoramic mountain views. Scenic easy drive to the property along Buck Creek and less than 2 miles from Parkway access (when reopen). The Main House (6 BR each with an ensuite full bath) features Bertazzoni appliances, Two commercial refrigerators, gas stoves, chimneys in place-to add fireplace, king suites, and modern living areas. The Summit House (6 BR each with its own bath) includes a hot tub, workout room, private decks, and spectacular mountain views. Two custom tiny homes add unique lodging appeal and expansion potential for more themed miro lodging. With proven short term rental demand this is Ideal for STR investors, retreat operators (yoga, church groups, car clubs, wellness, outdoor enthusiasts) or just a large family mountain getaway. This turnkey retreat balances seclusion with accessibility, offering unmatched capacity and income potential in the Blue Ridge Mountains near Mount Mitchell. Don't miss the walk-through video.
FINANCIAL SUMMARY (ACTUAL - 2023) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$103,224
|
$46.42
|
FINANCIAL SUMMARY (ACTUAL - 2023)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $103,224 |
| Annual Per SF | $46.42 |
PROPERTY FACTS
| Price | $1,495,000 | Apartment Style | Single-Family Home |
| Price Per Unit | $373,750 | Building Class | B |
| Sale Type | Investment | Lot Size | 7.49 AC |
| Cap Rate | 6.90% | Building Size | 2,224 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2019 |
| Property Subtype | Apartment |
| Price | $1,495,000 |
| Price Per Unit | $373,750 |
| Sale Type | Investment |
| Cap Rate | 6.90% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single-Family Home |
| Building Class | B |
| Lot Size | 7.49 AC |
| Building Size | 2,224 SF |
| No. Stories | 2 |
| Year Built | 2019 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Property Manager on Site
- Public Transportation
- Walk-Up
- Smoke Detector
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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8026 Buck Creek Road | 8026 Buck Creek Rd
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