201 Sugarloaf Road

    Hendersonville, NC 28792
    • $1,450,000
    • STATUS: Active
    • ON SITE: 61 days
    • ID#: 3508126
    UPDATED: 44 min ago
    $1,450,000
    • 0
      BEDS
    • 1.65
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    2019
    County:

    School Ratings & Info

    Offered by Nai Beverly-Hanks. Copyright 2019 Carolina Multiple Listing Services. All rights reserved.

    Description

    True upside - a remarkable investment opportunity! - 20, or 30 rooms under construction ready for sale or joint venture build-out as short term rentals, nightly lodging, co-work office space or mix-use combination of all 3 uses! This soon to be model property is located in an IRS OPPORTUNITY ZONE and now ready for substantial improvement qualification. Proformas are in formulation for what could be the most creative investment model ever developed for small lodging conversion. A contiguous land tract with proposed entitlements and suitability for future development is also available at additional cost or, buy the package and save! Create the model investment, set the trend! Build-out estimated at $700k - $900k depending upon use structure and permitting. High I-26 visibility, new electrical and plumbing, sprinkled, owner financing or joint venture!

    Monthly Payment Calculator



    Based on information submitted to the MLS GRID as of 2019-07-17T11:59:27.243 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The data relating to real estate on this Web site derive in part from the Carolina Multiple Listing Services, Inc. IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither The Ramsey Group nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2019 Carolina Multiple Listing Services, Inc.

    Digital Millennium Copyright Act
    www.yourcharlotteconnection.com/homes/94831180

    201 Sugarloaf Road Hendersonville, NC 28792

    • Price: $1,450,000
    • Status: Active
    • Updated: 44 min ago
    • ID#: 3508126
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.65
    Acres
    2019
    Built
    Neighborhood:
    Hendersonville
    County:
    Henderson
    Area:
    Hendersonville
    Property Description
    True upside - a remarkable investment opportunity! - 20, or 30 rooms under construction ready for sale or joint venture build-out as short term rentals, nightly lodging, co-work office space or mix-use combination of all 3 uses! This soon to be model property is located in an IRS OPPORTUNITY ZONE and now ready for substantial improvement qualification. Proformas are in formulation for what could be the most creative investment model ever developed for small lodging conversion. A contiguous land tract with proposed entitlements and suitability for future development is also available at additional cost or, buy the package and save! Create the model investment, set the trend! Build-out estimated at $700k - $900k depending upon use structure and permitting. High I-26 visibility, new electrical and plumbing, sprinkled, owner financing or joint venture!
    Exterior Features

    Foundation Basement Partially FinishedConcrete Rail Service No Roof Built-UpFlat

    Interior Features

    Cooling Other Heating ElectricMultizone Heat Max Sq Ft Avail 18750 Min Sq Ft Avail 18750 Miscellaneous Fire/Smoke AlarmHandicap Access Sprinkler Wet

    Property Features

    Agent Owner Yes Commercial Type Hotel/Motel Construction Status Under Construction Easements DrainageElectricIng-EngrsSewer Flood Plain No In City Yes New Construction Yes Restrictions Other - See Media/Remarks Restrictions Description Zoning: Proposed Use Sale Lease Includes BuildingBusiness Secondary Type Bed/Breakfast Special Conditions None Utilities City WaterCounty SewerElectricityTelephone Zoning C-3



    Based on information submitted to the MLS GRID as of 2019-07-17T11:59:27.243 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The data relating to real estate on this Web site derive in part from the Carolina Multiple Listing Services, Inc. IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither The Ramsey Group nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2019 Carolina Multiple Listing Services, Inc.

    Digital Millennium Copyright Act
     
    The Ramsey Group
    8520 Cliff Cameron Dr, Suite 100
    Charlotte NC, 28269
    Offered by Nai Beverly-Hanks. Copyright 2019 Carolina Multiple Listing Services. All rights reserved.