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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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130 Oakland Hill Dr , Etowah, NC 28729
$699,500
Est. Payment: $1,554.44/mo
0 Bed
1 Bath
0 Sqft
Status: Active | Days on site: 75
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NCM12570 - gragtmans,83993
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House Description

7.86% Cap! Rare, turnkey self-storage and industrial income property now available in the growing Etowah/Flat Rock corridor. 130 Oakland Hill Drive offers an investor or owner-user a stabilized self-storage operation (40 units), a contractor garage, open-air RV / boat / trailer storage, and a main industrial building with two bays, with immediate vacancy on one side - ready for owner occupancy or lease-up on day one. The current operator runs a car detailing business out of the main building and will vacate upon sale, giving the new owner a clean slate for their own use or the opportunity to capture market-rate lease income. Pro forma NOI of $55,000 is well-supported by three years of trailing financials. 2025 reflects non-recurring capital expenditures with add-backs available to the underwriting-minded buyer. Full financials attached. Additional upside exists for a buyer who leases the main building or pushes rents on the storage inventory. Current ownership has invested meaningfully in the business and physical infrastructure - new automated gate system, redesigned website, and streamlined operations. The asset weathered Helene with no flooding, and is well-positioned for a new owner to step in and operate efficiently from day one. A full unit schedule is attached separately. Etowah sits at the heart of Henderson County's commercial growth corridor, with easy access to Hendersonville, Brevard, and Asheville. Strong demand for self-storage and contractor/outdoor storage is driven by residential growth, the trades, and outdoor recreation culture. DO NOT DISTURB Tenants. All showings must be scheduled through List Agent(s). Proof of Funds or other Credibility Package required to schedule showing.

Highlights

Listed by Chris Gragtmans , 864-915-5780 and Scott Mirkin , 864-915-5780 Keller Williams Professionals , 828-254-7253.

Property Type

Commercial Sale

Lot/Acreage
0.7

Year Built

1965

County

Henderson

Listing ID

4368999

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:1
  • Full Bathrooms:
Below Ground Sq Ft:0
Water:City

Exterior Features

Roof:Aluminum
Sewer:Septic Installed
Principal Interest
$1,554
Taxes
$446

Home Price

$699,500

Loan Details

30 yrs
%

Down Payment

20%
$139,900
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,554.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,554.44 $445.93 $0.00 $2,000.38
Yearly $18,653.33 $5,351.18 $0.00 $24,004.51
Total $559,600.00 $160,535.25 $0.00 $720,135.25

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Etowah, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.