Homes for sale - 380 W King ST, Boone, NC 28607

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.

In-PersonVirtual Tour

Thu

Jul

Fri

Jul

Sat

Jul

Chad Elliot Kiger

brad@thekigergroup.com +1(336) 287-8109

$6,800,000

Est. payment - /mo

Save

UPDATED:

Key Details

Property Type Commercial

Sub Type Remarks

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1186593

HOA Y/N No

Year Built 1959

Property Sub-Type Remarks

Source Triad MLS

Property Description

Rare opportunity to own prime real estate in Boone, NC, with the Campus Hill Apartments. Located on West King Street and Wallace Circle in downtown Boone, NC, across the street from the campus of Appalachian State University. This is student housing with redevelopment potential, on just under an acre of land. The property consists of seven separate buildings with 54 apartment units and 61 total bedrooms. It is currently at 100% occupancy, with additional income from parking spaces and on-site laundry. The location is within walking distance to most everything, including restaurants, bars, shops, parks, various neighborhoods, grocery stores, drug stores, and hotels. Starting in August 2025 the projected PGI is $570,300 per year. Property is located on five tax parcels as identified by Watauga County. Reported assessed value is all five tax parcels.

Location

State NC

County Watauga

Building

New Construction No

Others

Special Listing Condition Owner Sale

Read Less Info

Listed by Robert Ball of Underdown, Ball & Associates, LLC

Get More Information

Chad Elliot Kiger

+1(336) 287-8109

Homes for Sale Quick Search

380 W King ST Boone, NC 28607

Chad Elliot Kiger

Key Details

Location

Building

Others

Get More Information