44 & 54 Legacy Lane Cullowhee, NC $ 2,349,000
44 & 54 Legacy Lane
$ 2,349,000
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44 & 54 Legacy Lane

Cullowhee, NC, 28723
$ 2,349,000
Bedrooms-- Baths--

Monthly Estimate*

$ 16,224

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Commercial Property for sale in Cullowhee, NC

for $2,349,000. This building was built in 1971 on a lot size of 0.7.

Own a prime multifamily property in the heart of Western Carolina University’s vibrant campus in Cullowhee, NC. This student apartment complex is ideally located to meet the rising demand for premium, walkable housing. With limited campus parking, its central location ensures 100% occupancy and strong rental income, offering immediate cash flow and excellent returns for investors. The property also boasts significant long-term development potential. Its unique campus position is perfect for innovative commercial or enhanced residential projects, potentially becoming a cornerstone of WCU’s growth.

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Commercial Active

Price

$ 2,349,000

Property Type

Commercial

Taxes

$ 0

Style

Special Purpose

Lot Size

0.7

Year Built

1971

Town/City

Cullowhee

County/Region

Jackson

MLS | Web ID

4292072

Features
General
Sewer Public Sewer
Heating Central Heat Pump Separate Meters
Cooling Central Air Heat Pump
Utilities Cable Connected Electricity Connected Fiber Optics Satellite Internet Available
Roof Architectural Shingle Metal
Appliances Dishwasher Dryer Electric Cooktop Electric Oven Electric Water Heater ENERGY STAR Qualified Light Fixtures Exhaust Fan Exhaust Hood Oven Refrigerator Self Cleaning Oven Washer Washer/Dryer
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Construction Materials Brick Partial Wood
Year Built 1971
View City
Property Subtype Special Purpose
Parcel Number 7559-23-8373 7559-23-8263
Elevation 2500
County Jackson
New Construction N
Property Type Commercial Sale
HOA N
Possible Use Commercial Multi-Family Residential
Green Sustainability Concrete Construction
Other Structures Outbuilding
Directions Main entrance of WCU campus follow to the right. GPS will take you to property. The apartments are directly across from the bell tower.
City Cullowhee
Senior Community Y/N N
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 10
Additional Parcels Y/N N
Lease Considered Y/N N
Standard Status Active
Restrictions N/A
Tax Assessed Value 981490
Complex Name Tree House Apartments
Listing Terms Cash Conventional
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Interior
Flooring Tile Wood
Basement (Y/N) N
Window Features Insulated Window(s)
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Exterior
Parking Features Assigned Parking Lot
Lot Features Cul-De-Sac Level Paved Sloped
Water Source County Water
Inclusions Building Land
Lot Size Area 0.7
Foundation Details Basement Slab
Number of Buildings 4
Road Surface Type Paved
Road Frontage Type City Street Other - See Remarks
Other Equipment Network Ready
Road Responsibility Publicly Maintained Road
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* Excluded Features
List By
Howard Hanna Beverly-Hanks Waynesville

Broker

Affordability Calculator

$16,224
Per Month
100%
0%
0%
Monthly Principal & Interest
$16,224
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
294628 Elementary School
294724 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/14/2025$2,349,000 Listed Price

Map


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44 & 54 Legacy Lane, Cullowhee, NC, 28723 is a Commercial Property for sale at $2,349,000 with a lot size of 0.7. 44 & 54 Legacy Lane was built in 1971. The property's zip code is 28723 which is in Cullowhee, NC