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Boone, NC Multifamily Properties for Sale

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Student Housing Redevelopment Opportunity
$6,800,000

Student Housing Redevelopment Opportunity

380 W King St, Boone, NC 28607

Prime real estate near Appalachian State University with redevelopment potential.

  • Prime real estate location in downtown Boone, NC, across from Appalachian State University.
  • Student housing with redevelopment potential on just under an acre of land.
  • Seven separate buildings with 54 apartment units and 61 total bedrooms.
  • Currently at 100% occupancy with additional income from parking and laundry.
  • Projected Potential Gross Income (PGI) of $570,300 per year starting August 2025.
Last Update: Jul 3
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Based on your search, we've compiled 305 Potential Opportunities for your consideration. Besides 3 Active listings in Boone, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 298 Off-Market properties to explore as potential leads

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

High Country Multifamily Investment
$997,000
3,110 SF

High Country Multifamily Investment

Blowing Rock, NC apartment building, great potential.
3385 Us-321, Blowing Rock, NC 28605
View details
Operational Mobile Home Park Investment
$1,200,000

Operational Mobile Home Park Investment

10-unit mobile home park on 13+ acres in stable market.
122 Poplar Creek Estates Dr, Brownwood, NC 28684
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10-Unit Mobile Home Park on 13+ Acres
$1,200,000

10-Unit Mobile Home Park on 13+ Acres

Operational mobile home park with expansion potential in stable rental market.
122 Poplar Creek Estates Dr, Brownwood, NC 28684
View details
Updated Condo Near Blowing Rock
$449,000

Updated Condo Near Blowing Rock

Light-filled, updated 2-bedroom condo near Blowing Rock Country Club.
123 Pinnacle Ave, Blowing Rock, NC 28605
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Explore Off-Market Properties in Boone, NC

Consider similar Off-Market properties in Boone, NC. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

179 Hillside Dr

179 Hillside Dr

Multifamily properties
Value Estimation by Request
179 Hillside Dr, Boone, NC 28607
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247 Homespun Hills Rd

247 Homespun Hills Rd

Multifamily properties • 2,475 SF
Value Estimation by Request
247 Homespun Hills Rd, Boone, NC 28607
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206 Psi Dr

206 Psi Dr

APARTMENT HOUSE (5+ UNITS) • 5,000 SF
Value Estimation by Request
206 Psi Dr, Boone, NC 28607-5910
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150 Paul Greer Rd

150 Paul Greer Rd

APARTMENT HOUSE (5+ UNITS) • 2,652 SF
Value Estimation
$940,000
150 Paul Greer Rd, Boone, NC 28607-9231
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686 State Farm Rd

686 State Farm Rd

APARTMENT HOUSE (5+ UNITS) • 1,225 SF
Value Estimation by Request
686 State Farm Rd, Boone, NC 28607-3300
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186 Birch St

186 Birch St

APARTMENT HOUSE (5+ UNITS) • 3,573 SF
Value Estimation
$435,000
186 Birch St, Boone, NC 28607-5036
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197 Woodpecker Ln

197 Woodpecker Ln

APARTMENT HOUSE (5+ UNITS) • 1,456 SF
Value Estimation
$365,000
197 Woodpecker Ln, Boone, NC 28607-4422
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129 Lazy Lk Rd

129 Lazy Lk Rd

APARTMENT HOUSE (5+ UNITS) • 160 SF
Value Estimation
$400,000
129 Lazy Lk Rd, Boone, NC 28607-7876
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304 Clint Norris Rd

304 Clint Norris Rd

APARTMENT HOUSE (5+ UNITS) • 1,624 SF
Value Estimation
$415,000
304 Clint Norris Rd, Boone, NC 28607-8851
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105 Assembly Dr

105 Assembly Dr

APARTMENT HOUSE (5+ UNITS) • 3,360 SF
Value Estimation by Request
105 Assembly Dr, Boone, NC 28607-5378
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205 King St

205 King St

APARTMENT HOUSE (5+ UNITS) • 3,696 SF
Value Estimation by Request
205 King St, Boone, NC 28607-5082
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110 Clyde Townsend Rd

110 Clyde Townsend Rd

APARTMENT HOUSE (5+ UNITS) • 890 SF
Value Estimation by Request
110 Clyde Townsend Rd, Boone, NC 28607-8623
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1217 Old Bristol Rd

1217 Old Bristol Rd

APARTMENT HOUSE (5+ UNITS) • 1,962 SF
Value Estimation
$465,000
1217 Old Bristol Rd, Boone, NC 28607-7658
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125 Graduate Ln

125 Graduate Ln

APARTMENT HOUSE (5+ UNITS) • 3,168 SF
Value Estimation by Request
125 Graduate Ln, Boone, NC 28607-4057
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481 King St

481 King St

APARTMENT HOUSE (5+ UNITS) • 1,820 SF
Value Estimation by Request
481 King St, Boone, NC 28607-5081
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221 Rdg Rd

221 Rdg Rd

APARTMENT HOUSE (5+ UNITS) • 2,528 SF
Value Estimation by Request
221 Rdg Rd, Boone, NC 28607
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751 Blowing Rock Rd

751 Blowing Rock Rd

APARTMENT HOUSE (5+ UNITS) • 4,116 SF
Value Estimation by Request
751 Blowing Rock Rd, Boone, NC 28607-4772
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171 Leola St

171 Leola St

APARTMENT HOUSE (5+ UNITS) • 3,960 SF
Value Estimation by Request
171 Leola St, Boone, NC 28607-4820
View details
259 Furman Rd

259 Furman Rd

APARTMENT HOUSE (5+ UNITS) • 1,700 SF
Value Estimation by Request
259 Furman Rd, Boone, NC 28607-5055
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412 Mallard Ln

412 Mallard Ln

APARTMENT HOUSE (5+ UNITS) • 1,413 SF
Value Estimation
$340,000
412 Mallard Ln, Boone, NC 28607-6038
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4129 Nc Hwy 194th N

4129 Nc Hwy 194th N

APARTMENT HOUSE (5+ UNITS) • 1,539 SF
Value Estimation
$445,000
4129 Nc Hwy 194th N, Boone, NC 28607-7206
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Boone, NC Multifamily Properties Investment Opportunities Market Analysis

Explore 301 multifamily properties for sale in Boone, NC, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 4,949,630 square feet of properties for sale, with an estimated market value of $134,655,000.

Prices for multifamily properties in Boone, NC start at $235,000, averaging $792,088, and reaching up to $7,600,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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