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      201 Sugarloaf RoadHendersonville, NC 28792MLS Number 3508126

      • Price: $1,450,000The price has recently decreased
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      Price Down Payment Interest Rate Years
      %

      Est. Mortgage: $/month

      Federal 30-year interest rate: 3.69% last updated on 2019-10-17

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      • 1.65Acreage
      • 2019Year Built
      • OtherCooling

      True upside - a remarkable investment opportunity! - 20, or 30 rooms under construction ready for sale or joint venture build-out as short term rentals, nightly lodging, co-work office space or mix-use combination of all 3 uses! This soon to be model property is located in an IRS OPPORTUNITY ZONE and now ready for substantial improvement qualification. Proformas are in formulation for what could be the most creative investment model ever developed for small lodging conversion. A contiguous land tract with proposed entitlements and suitability for future development is also available at additional cost or, buy the package and save! Create the model investment, set the trend! Build-out estimated at $700k - $900k depending upon use structure and permitting. High I-26 visibility, new electrical and plumbing, sprinkled, owner financing or joint venture!

      Listed by Mark Morris of NAI Beverly-Hanks

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      Parking

      • Parking Spaces

      Building

      • Year Built2019
      • ConstructionTypeSite Built

      Property

      • Acreage1.65
      • VOW1

      Interior

      • FeaturesFire/Smoke Alarm, Handicap Access

      Utilities

      • HeatingElectric, MultiZone Heat

      Photos

      • Number of Photos4
      • DatePhoto2019-06-03T07:51:05

      Basic Information

      • Virtual TourClick Here
      • StatusACT
      • Broker IDNCM100510
      • Property TypeCommercial
      • Property Sub TypeHotel/Motel
      • List Price$1,450,000
      • Broker NameNAI Beverly-Hanks
      • ListingBoardIDAsheville Board of Realtors
      • MLS Number3508126

      Location

      • Building Number201
      • StreetSugarloaf Road
      • TownHendersonville
      • StateNC
      • Zip28792
      • CountyHenderson
      • Access Features
        • City Street
        • Easement Road
        • Interstate 1 mi or less
        • Interstate Frontage
        • Other
        • Paved Road
        • Private Road

      Exterior

      • RoofBuilt-Up, Flat

      Amenities

      • CoolingOther

      Other

      • Modification Date07/12/2019
      • View Count39

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