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869 Highway 105 Ext

869 Highway 105 Ext, Boone, NC 28607
215377

Availability: In stock

$2,150,000
  • 0.81
OUTSTANDING OPPORTUNITY to own a fully leased professional plaza in a QUALIFIED OPPORTUNITY ZONE (QOZ) for incredible IRS advantage for investors seeking favorable treatment of capital gains from sale of other investments - consult CPA & investment advisor for particulars. A pair of 2 story buildings with 55+ space paved parking lot in highly visible business district. Great blend of tenants and Leases do not exceed 3 year remaining terms and have built-in annual increases. 10 units (7 business & 3 residential apartments). Roofs replaced and parking deck retaining wall updated within past 3 years and parking lot just sealed & striped. Newer exterior stairs & soffit lighting recently installed. Lower units have individual heat pumps, upper units have window units. Tenants pay electric, Landlord pays water/sewer/trash. Property performs very well with $147,900 gross scheduled income and 6% CAP rate. Multi-dimension investment in a dynamite location with the benefit of current cash flow, DOZ tax advantages & redevelopment potential in future years.

Speak to an Agent
(336) 246-6348

Speak to an Agent
(336) 246-6348

Listing Courtesy of Premier Sotheby's International Realty - Blowing R

The data relating to real estate for sale comes in part from the High Country Multiple Listing Service ®. Real estate listings held by brokerage firms other than the owner of this website are marked with the MLS IDX logo and information about them includes the name of the listing broker. The information appearing herein has not been verified by the High Country Association of REALTORS or by any individual(s) who may be affiliated with said entities, all of whom hereby collectively and severally disclaim any and all responsibility for the accuracy of the information appearing on this web site, at any time or from time to time. All such information should be independently verified by the recipient of such data. This data is not warranted for any purpose -- the information is believed accurate but not warranted.

869 Highway 105 Ext Details

MLS Number 215377
Year Built 1978
County Watauga
City Boone
School District Hardin Park
Listing Office Premier Sotheby's International Realty - Blowing R
Property Type Building & Land
Acres 0.81

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Ashe High Country Realty ®

7 S Jefferson Ave
West Jefferson, NC 28694, USA
Phone: (336) 246-6348
Toll Free: (800) 729-0735

Speak to an Agent
(336) 246-6348

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