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Multifamily Property with Cottages
For Sale
Contact for pricing
Pending

35 Hickory Cottage Dr, Gerton, NC 28735

Multiple residential buildings include remodeled living space, cottages, and a stone lodging structure.

Property SizeContact for details
Days on Market143

Property Features for 35 Hickory Cottage Dr

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: Caulder Realty & Land Co
Listed By: David Caulder · License #NC 75204
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 3:05PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Caulder Realty & Land Co

Investment Insights

Based on property information with market context.

This multifamily property occupies 2.34 acres along US Hwy 74A in Gerton, with several residential structures arranged in a landscaped setting. The primary residence contains 1,600 square feet with four bedrooms and two baths, and has recently remodeled kitchen and bathroom areas. An adjoining 1,400-square-foot apartment adds two bedrooms, two baths, a great room, kitchen, and storage.

The property also includes two one-bedroom, one-bath cottages with kitchens and a stone motel building serving monthly tenants. Additional improvements include a storage barn, covered bridge, and creek. Asheville is approximately 25 minutes away, providing regional proximity while retaining a separate community setting.

Key Highlights

  • 2.34‑acre multifamily property along US Hwy 74A
  • Recently remodeled 1,600‑square‑foot main residence with 4 bedrooms and 2 baths
  • Adjoining 1,400‑square‑foot apartment with 2 bedrooms, 2 baths, kitchen, great room, and storage

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Grocery & Convenience Store Cafe & Coffee Shop Daycare Center Acupuncture Bed & Breakfast

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

27
Businesses Nearby

Demographics for 28735, NC

322
Population
180
Households
1.8
Avg Household Size
50
Median Age
32%
College-Educated
100%
High-School Grad
4.1 sq mi
ZIP Area
79
Density / Sq Mi
$53,421
Median Earnings
$349,200
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Multiple residential buildings include remodeled living space, cottages, and a stone lodging structure.
Where is this multifamily property located?
The property is located at 35 Hickory Cottage Dr Gerton, NC.
What are key features of this property?
This property features: 2.34‑acre multifamily property along US Hwy 74A; Recently remodeled 1,600‑square‑foot main residence with 4 bedrooms and 2 baths; Adjoining 1,400‑square‑foot apartment with 2 bedrooms, 2 baths, kitchen, great room, and storage
(828) 429-2444 Call to check price and availability
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