137 Red Maple Lane

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137 Red Maple Lane

Burnsville, NC 28714
Asking Price
$1.10M
Asset Type
Single Family Rental Portfolio Multifamily
Class
Class B

What's Special

Complete this Tiny Home Community in an Opportunity Zone in WNC. 4 Ready-to-rent Units in place. <p><strong>137 Red Maple Lane</strong> presents a rare, de-risked development opportunity perfectly primed for high-yield investors, 1031 exchanges, or affordable housing developers. Situated on over 10 mountain acres just 45 minutes from Asheville, this versatile tract is located within a federally designated <strong>Opportunity Zone</strong>, offering powerful tax incentives and long-term capital gains advantages. The property boasts extensive, pre-installed infrastructure that eliminates the

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NOI
$80,000
Cap Rate
7.27%
DSCR
1.22
Tight
Cash-on-Cash
4.45%
Monthly Payment
$5,442.2
Annual Cash Flow
$14,693.602

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