The Daniel Boon and Lincoln Cabins

2 Unit Apartment Building Offered at $699,000 at a 8.50% Cap Rate in Traphill, NC 28685

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $699,000

Property Type
Multifamily
Square Feet
2,002 SF

Listing Contacts

Robert Ball
Robert Ball
Verified Profile
  • Property Info

Property Overview

Turnkey Short-Term Rentals in Traphill, NC
• These two charming log cabins, the “Daniel Boone Cabin” at 520 Alleghany Spur Road and “The Lincoln” at 530 Alleghany Spur Road, offer a peaceful retreat on 22.83 wooded acres offering room for expansion opportunity.
Additionally, there’s a glamping platform with a yurt, a laundry facility building and a wooden bridge connecting the two cabins.
• All wooded with a stream running along the eastern boundary line of the property.
• These income-producing properties are just minutes away from Stone Mountain State Park, making them an ideal base for outdoor enthusiasts.
• Enjoy proximity to the Blue Ridge Parkway, wineries, rivers, trout fishing spots, hiking trails, and shopping and dining options.
• Each cabin features two bedrooms, one bathroom, a wood-burning fireplace or a wood stove.
• Modern amenities include new air conditioning via ductless mini-split systems and fiber optic internet.
• Game lands are close by, and world-class trout streams are within reach.

Property Details

Year Built
1995
Stories
1
Lot Size (sq. ft)
994,475 SF
Units
2

Highlights

  • Log Cabins on short term rental program with a glamping platform
  • Privacy with room for expansion on 22+ acres
  • Minutes to Stone Mountain State Park

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