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MULTI_FAMILY - Cullowhee, NC

Turnkey 8-unit multifamily property in Cullowhee, NC - located just minutes from WCU. 29 Winterberry offers a mix of units sizes with strong rental demand and professional management in place. Current gross rents exceed $6,300/month with upside to over $7,500/month at market. TTM operating expenses: ~$25K, yielding an NOI of ~$48K and a 6.9% cap rate at list. Private setting with ample parking on over an acre. Ideal for investors seeking cash flow in a stable, growing rental market. Upside in rents and value. Shown by appointment only - do not disturb tenants.

Copyright © 2025 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Contact Seller

EXP Realty LLC Asheville

License #307396

Asheville, NC

(336) 937-9123

Tyler Mellor

EXP Realty LLC Asheville
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Provided By

EXP Realty LLC Asheville, (336) 937-9123
Source: ListHub, MLS# 4275594
Listing status: Active
Listing last updated: August 6, 2025 at 12:24 AM
Listing last checked: August 10, 2025 at 5:30 PM
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