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Active

44 54 Legacy Lane

Cullowhee, NC 28723

Active 347 days on market Listing ID CAR 284674579

$2,349,000

Est. $13,503/mo See my rate

— Beds
— Baths
— Sq Ft
1971 Built
.70 acres Special Purpose Listed Aug 14, 2025 Updated Oct 6, 2025 HOA None

About This Home

Own a prime multifamily property in the heart of Western Carolina University’s vibrant campus in Cullowhee, NC. This student apartment complex is ideally located to meet the rising demand for premium, walkable housing. With limited campus parking, its central location ensures 100% occupancy and strong rental income, offering immediate cash flow and excellent returns for investors.

The property also boasts significant long-term development potential. Its unique campus position is perfect for innovative commercial or enhanced residential projects, potentially becoming a cornerstone of WCU’s growth.

Property Details

Interior Details

Heating
  • Central
  • Heat Pump
  • Separate Meters
Flooring
  • Tile
  • Wood
Inclusions
  • Building
  • Land
Window Features
  • Insulated Window(s)
Sqftmaximumlease
0.00
Sqftminimumlease
0.00
Security Features
  • Carbon Monoxide Detector(s)
  • Smoke Detector(s)
Sqftavailablemaximum
10649
Sqftavailableminimum
10649

Dwelling And Structure

Green Sustainability
  • Concrete Construction

Parking And Garage

Parking Features
  • Assigned
  • Parking Lot

Exterior Features

Roof
  • Shingle
  • Metal
Construction Materials
  • Brick Partial
  • Wood

Lot And Land

Lot Features
  • Cul-De-Sac
  • Level
  • Paved
  • Sloped
Lot Size Acres
0.7
Lot Size Units
Acres
Other Structures
  • Outbuilding

Basement And Foundation

Foundation Details
  • Basement
  • Slab

Waterfront And View

View
  • City

Utilities

Sewer
  • Public Sewer
Utilities
  • Cable Connected
  • Electricity Connected
  • Fiber Optics
  • Satellite Internet Available
Water Source
  • County Water

Financial Information

Citytaxespaidto
No City Taxes Paid
Proposedspecialassessmentyn
0

Zoning And Restrictions

Zoningspecification
Comm

Multi Unit Details

Number Of Buildings
4
Number Of Leased Units
10

Listed by Brian K. Noland (828-734-5201) · Howard Hanna Beverly-Hanks Waynesville (828-452-5809)

Location

Address
44 54 Legacy Lane
City
Cullowhee, NC 28723
Get directions: Apple MapsGoogle Maps
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Canopy MLS

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