18 Searcy Mountain Road

$1,200,000
Est. $4,003/mo
Beds
Baths
4,480
SqFt

RARE MULTI-UNIT INVESTMENT OPPORTUNITY NEAR WCU! Located just 1.2 miles from Western Carolina University, this 1.33-acre property offers 6 total rental units across 4 buildings—two standalone rentals and two duplexes. Each unit features 2 bedrooms and 1-bathroom, central HVAC, and washer/dryer combo; creating a highly desirable rental configuration near campus. The property has maintained 100% occupancy for 7+ consecutive years, providing a strong history of tenant demand and income-producing performance. Additional advantages include a private well, septic system, and no restrictions, offering flexibility for an investor or owner looking to capitalize on the continued demand for housing in Cullowhee. New HVAC system were installed in one of the duplexes and both standalone buildings. 3 out of 4 roofs were installed in last 5 years. Conveniently located approximately 4 minutes from WCU, this is an exceptional opportunity to add a proven, fully occupied multi-unit property to your portfolio.

Listed by:
Mitchell Wike, Pinkerton & Co. Realty Group
Source: Carolina Smokies Association of Realtors

Property Overview

Added Neighborhood
2 days ago
Type Status Lot Size
Commercial sale Active 1.33 acres
County Built MLS#
Jackson 1963 26048550

Commute Time


Additional Details

Legal
Property
Utilities
Community

Payment Estimator

Total Monthly Payment
$3,450
Monthly Interest
$117
% Down
% Principal
% Interest
$1,200,000.0
20% ($240,000)
3.5%
18 Searcy Mountain Road
18 Searcy Mountain Road

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