Profitable, six-plex investment opportunity in Boone, NC! Located minutes from Appalachian University and downtown Boone. 100% occupied year- over- year. One year lease terms with renewals signed through July 2025. Rental rates continue to increase each year, with more room for escalation going forward.… Read More Metal roof less than 2 years old, basement drainage system installed with encapsulation, new decks overlooking tranquil creek, UV water purification system installed, a few new A/C units and new flooring in some units. Well maintained and profitable investment opportunity. Read Less
Courtesy of Amy LaBarre, Blue Ridge Brokerage.
Listing Snapshot
Days Online
6
Last Updated
May 4, 2024
Property Type
Apartment
Square Ft.
5,512
Year Built
1980
MLS Number
248914
30 Days Snapshot Of 28607
$613K
+25%
(avg) sold price
27
+68%
homes sold
85
-41%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Description: Dryer, Refrigerator, Washer
Building
Architecture: Other, Building Area: 5512, Construction Materials: Brick, Masonry, VinylSiding, WoodFrame, Year Built: 1980
Cooling
Details: CentralAir
Heating
Heating: Electric, Other, SeeRemarks
Laundry
Description: WasherHookup, DryerHookup
Lot
Acres: 0.95, Size: 0, Size Units: Acres
Roof
Description: Metal
Utilities
Sewer: SharedSeptic, Water Source: SharedWell
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