CAROLINA PROPERTIES

CAROLINA PROPERTIES
2483 Memorial Highway
Lake Lure, NC 28746

828.625.1900
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Listing 30 out of 1,000
$3,950,000 For Sale

1150 W Blue Ridge Road #Jordan L
East Flat Rock, NC 28731

44 units | Multi Family Home
8 acres - MLS# 3485857
Property Photo
1/14

Description

Investor Alert! projected CAP Rate 10+=%.(projected 40% occupancy) Historic Mill House Lodge Circa 1890, First time offering as Resort Hotel Condos 44 Condo Hotel units available. On site Rental Offices, All units have view of private Jordan Lake. Club house lodge, swimming pool and short stroll to Historic Flat Rock Village shops and cafes. All information may be reviewed on www.MillHouseCondo.com . HOA approx. $6.5 per sq ft mo includes all utilities, cable, Wifi, groundskeeping and Building fire insurance. Owner would consider financing with substantial down payment.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • County/Area: Henderson County
  • Zip Code: 28731
  • Year Built: 1970
  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified
  • Sq.Ft.: 22,100 sq ft
  • Style: Contemporary
  • Units: 44 units
  • Bedrooms: 61
  • Full Baths: 45
  • Half Baths: 1
  • Lot Size: 8 acres
  • Baths: 46
  • Pool or Spa: Yes, See Community Features
  • Area: All Areas
  • Association Fee: 12000.00
  • Association Fee Frequency: Monthly
  • Community Features: Business Center, Club House, Lake, Outdoor Pool
  • Construction Status: Complete
  • Construction Type: Site Built
  • Driveway: Asphalt
  • Equipment: Gas Range/Oven, Microwave, Refrigerator, g-Energy Star® Refrigerator
  • Exterior Construction: Wood
  • Exterior Features: Fire pit, Lawn Maintenance, Pool-In-Ground
  • Flooring: Laminate Tile, Laminate Wood, Tile
  • Foundation Details: Block, Crawl Space, Slab
  • Heating: Central Air, Heat Pump - AC, Heat Pump - Heat
  • Laundry Location: Common Facility, None
  • Lot Features: Lake Access
  • Model: unit 202x6
  • Number Of Projected Units Total: 44
  • Parking: Driveway
  • Room Other: Bathroom(s), Kitchen, Master Bedroom
  • Sewer: City Sewer
  • Tenant Pays: Other, None
  • Total Heated Sqft: 22100
  • Water: City Water
  • Water Heater: Electric
  • Waterfront Features: Paddlesport Launch Site, Other - See Media/Remarks
  • Zoning Specification: C Lodge
Courtesy of Estate Realty



CAROLINA PROPERTIES | 828.625.1900 | Contact Us 
2483 Memorial Highway - Lake Lure, NC 28746
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