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Listing provided courtesy of A PLUS RealtyMLS# 256506MLS ProviderContact Information: 828-297-1000
  • 222 days on site
  • 0 views

Great Investment opportunity! This Commercial Property consists of 5 Buildings containing 14 rental units in total. There are 12 2bed/1bath units, 1 3bed/1bath unit, and the Glade Valley US Post Office. All 14 units are rented with full time tenants. The Current monthly rental is over $10,000, therefore providing a gross return of over 10 percent. There is also a 3000 sq ft storage area under the #18 building which is being rented for a nominal amount. Buyer to provide a Letter Of Intent and Proof of Funds prior to being able to tour the individual units. Air conditioning is provided for 3 of the units.

Source: High Country MLS, MLS#: 256506

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  • Property Type
    Commercial Sale
  • Lot
    3.71 acres

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Ivester Jackson Christie's

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  • Median Age
    50
  • Population Density
    47
  • College Educated
    24%
  • Estimated Median Income
    $39,063
  • Estimated Total Home Owners
    353
  • Estimated Total Renters
    179
  • Owner / Renter Divide
    66% / 34%
  • Estimated Average Household Size
    2
  • Total Population
    948
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 18,40,90 & 226, 236 Glade Valley Church & Triad

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.