4616 Little Savann

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4616 Little Savann

Cullowhee, NC 28723
Asking Price
$6.50M
Asset Type
Multifamily
Class
Class B

What's Special

4616 Little Savannah Road is located in Cullowhee, North Carolina, within Jackson County. The property is situated less than one mile from the Western Carolina University campus, positioning it in a primary corridor for university-related activity. The surrounding neighborhood is characterized by traditional residential dwellings and student-oriented housing complexes. Access to the site is provided via Little Savannah Road, which connects directly to North Carolina Highway 107. Local amenities include regional retail centers, dining options, and public parks located within a three-mile radius. The asset is suited for multifamily redevelopment or continued rental operations. Given its proximity to the university, the typical tenant profile consists of university faculty, staff, and students seeking off-campus housing. The location also serves long-term residents employed within the healthcare and education sectors of Jackson County. The property is well-positioned for an investor targeting a consistent demand for housing driven by the institutional presence of Western Carolina University.

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NOI
$80,000
Cap Rate
1.23%
DSCR
0.21
Underwater
Cash-on-Cash
-15.69%
Monthly Payment
$32,158.453
Annual Cash Flow
$-305,901.442

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