mosaic logo

5830 NC 209 HighwayHot Springs, NC 28743Price: $1,500,000

  • Price: $1,500,000
$
$
%
$/month over payments
Federal 30-year interest rate: 2.97% last updated on Feb 25, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
CAR3661285
  • $1,500,000List Price
  • 11.44Acreage
  • 2168Square Feet
Active

Listing Tools

This established nightly rental business boasts a cap rate of 11.67% cap rate and has 5 adorable log cabins on 11.44 acres. All cabins have 1 bedroom and 1 bath, a fireplace, and a gas grill, Private deck with hot tub allows guests to soak in the mountain views. Nestled in the mountains of Madison County, these meticulously-maintained cabins are located a short drive to Marshall, Mars Hill, Asheville, Weaverville, and Tennessee. Visitors can enjoy solitude and hike trails in nearby Pisgah National Forest and Appalachian Trail. This is a rare turnkey business opportunity with 15 years of documented 90%+ occupancy (2019 was 94% and 2020 was 98%; Jan and Feb 2021 100% booked). Website and all future bookings convey. Survey 2020; new home inspections for each cabin in Dec 2019; septic tanks pumped 2019 (each unit has own septic system). Come to Hot Springs to start living your short-term rental dream today! Copy/paste the following link for bird's eye view: https://youtu.be/c-27s0zbZRc

Property Details of 5830 NC 209 Highway

Property Details

Interior Features

Other Details

Map Location

Driving Directions

Listed by Clarissa Marshall of EXP Realty LLC

Broker Reciprocity © 2021 by the Canopy MLS. IDX information is provided exclusively for consumers’ personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The IDX data is deemed reliable but is not guaranteed by MLS GRID and may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS.  Based on information submitted to the MLS GRID as of February 27, 2021 4:23 PM EST . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

$

Do not fill in this field:

Discover

Similar Listings