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Land for sale or trade Land for sale or trade > North Carolina > Cullowhee > Zip: 28754

Active featured ID: 7814 73 Acres in Mountains of Western NC, 300+ unit planned Community.

Earlier Plan An early draft of plan.
Later Plan Close to a final plan.
thumb_7814_pict0724.jpg
thumb_7814_img3435.png
thumb_7814_img3434.png Proposed golf driving range and putting green.  Available for buyers of houses and WCU Golf team.

Earlier Plan
An early draft of plan.
bar



Max. Swap Value: $2,500,000
Swap For Location(s):

exchange for this stateBahamas, Florida, North Carolina, Tennessee

Will swap for:

Aircraft Aircraft
Everything Else Everything Else
Land Land
Multifamily or Commercial Multifamily or Commercial
Residential Residential
Transportation Transportation

open to all reasonable cash offers, consider partial owner financing. Will take vacation property, aircraft (TBM, Meridian, Jetprop, Barron, others) Marsh Harbor Bahamas house, other nice Bahamas home or land.



Value: $5,500,000
Total loans: $0
Lot/Acreage Size (in acres): 73
City: Cullowhee
State or Country: North Carolina
Zip: 28754
Address: How to view address
Location features
  • Golf,
  • Mountains,
  • Waterfront

Description: Once in a lifetime opportunity!!! 73+/- Acres in Western NC Mountains. Formerly 9 hole Golf Course. Land is all usable less the creek that flows through the middle and a pond. I have brought the property up to the point it can be easily developed in an area where there is very high demand, walking distance to the University. The shown plan, can be modified and/or redesignened to your specs, has approx 300 units, up to 150 rentals, and 150 single family, multi family, senior living etc. Also, has planned town center with up to 15,000sq/ft retail space. With rental units and commercial it has VERY good monthly income potential. I have numbers for all if you want to discuss. tons of ourdoor living amenities planned. Possible conservation easement with substantial fed tax credits if desired. EXTREME ROI potential. Sell all, partial, partner, subordinate portions, etc. this property was only able to be developed when the town passed their zoning ordinances recently, summer 2017. Water, sewer, fiber, power all available and ready to go. I have taken this project as far as it can be taken without actually starting the process. THE PROPERTY IS CURRENTLY ZONED MULTI USE.. There is a driving range and putting green planned for the community, SEE PIC. Jackson County Airport in on top of the mountain above property (24A is the identifier).

Being next to a larger university makes it a great place to park money or do 1031 since value never goes down next to colleges and universities, see data from 2008 recession around colleges and universities.

You can see the football stadium of Western Carolina University in the background, close in but secluded in the valley.

Swap Type:

I own free and clear I own free and clear
I will offer owner financing I will offer owner financing

public swap proposal
owner

Contact owner ..name hidden..    view profile


Phone: xxx-xxx-xxxx How to view name & phone
If no phone number is listed then seller decided not to disclose this information. Please email seller via the public or private swap proposal tools below.
Public & 3-way Swap Proposals: (2)add
Trade proposal by: Bill Perry > my listing #12903 (other proposals)
April 24, 2012



Incomparable Old World Spanish Colonial
$1,000,000 In Columbus, North Carolina. Breathtaking unobstructed views in every...


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