Listed by NewGen Advisory
Unpriced
The Crider Homestead
Details
Property Type Mixed Use
Square Footage 5,500
Cap Rate 12.00%
Occupancy 80%
Year Built 1980
Acreage 0.380
Ground Lease No
Five distinct revenue streams under one roof!
Marketing description
The Crider Homestead in Maggie Valley, NC presents a unique investment opportunity with a straightforward, income-generating hospitality model and minimal operational demands. The property consists of a single building featuring five rentable rooms, offering an efficient layout designed for consistent revenue generation.
Known for its strong seasonal tourism and loyal guest base, the property benefits from steady demand while maintaining operating expenses at less than 20% of gross income, resulting in impressive net operating performance. Offered below typical market comparables, The Crider Homestead provides immediate cash flow potential with additional upside for investors seeking a low-overhead, high-margin hospitality asset.
Investment highlights
- Five distinct revenue streams under one roof
- Proven STR demand in a high-traffic mountain market
- Flexible rental strategy - STR, LTR, or mixed
- Value-add upside through repositioning
- Turnkey owner-operator or absentee investment opportunity
Listing Contacts
Listed by NewGen Advisory
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