Description
Prime real estate holding opportunity at the corner of the busiest intersection in Transylvania County. The location is also at the main entrance to Pisgah National Forest. Current lease has 3 more years with two 5 year renewal options. Lease amount is $3300 per month / $39,600 annual with the anniversary month being July. Every July the rent increases by $100 per month / $1200 annually. Landlord pays for property taxes and some insurance which totaled $8,389.08 in 2022.
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0BEDS
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0.48ACRES
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0BATHS
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01/2 BATHS
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1,988SQFT
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$501$/SQFT
School Ratings & Info
Offered by Looking Glass Realty: 828-883-4663. Copyright 2023 Canopy MLS. All rights reserved.Description
Prime real estate holding opportunity at the corner of the busiest intersection in Transylvania County. The location is also at the main entrance to Pisgah National Forest. Current lease has 3 more years with two 5 year renewal options. Lease amount is $3300 per month / $39,600 annual with the anniversary month being July. Every July the rent increases by $100 per month / $1200 annually. Landlord pays for property taxes and some insurance which totaled $8,389.08 in 2022.
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