Multifamily

Lake Lure, NC Multifamily Properties for Sale

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Mill Spring, NC Chimney Rock, NC Black Mountain, NC Rutherfordton, NC Edneyville, NC Bat Cave, NC Hendersonville, NC Gerton, NC
250 Herman Wilson Rd, Lake Lure, NC 28746
Updated: May 14
250 Herman Wilson Rd, Lake Lure, NC 28746

250 Herman Wilson Rd, Lake Lure, NC 28746

$1,000,000
100,000 sqft 28.75 AC lot
Electric company will do the lines, and then buyer would need electrician to put in pedestals
Have contract for internet
6 inch commercial well
Draw downs have been completed
Engineering has been approved for tank and all mechanicals etc.
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Mixed-Use Motel and Retail Property
Updated: Mar 25
Mixed-Use Motel and Retail Property

6080 Us 64 74a Hwy, Lake Lure, NC 28746

$499,000
4.00 AC lot
4‑acre property featuring 6 versatile buildings with mixed‑use potential
Some buildings have been used for motel and short‑term rental purposes
One building was formerly operated as an ice cream shop
One building was formerly operated as an antique store
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Condominium Units in Lake Lure Resort
Condominium Units in Lake Lure Resort

747 Buffalo Creek Rd, Lake Lure, NC 28746

Contact for pricing
59,909 sqft

68 condominium-style units within established resort, offered for sale.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Lake Lure, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Campground With RV Hookups
Campground With RV Hookups

231 Fibber Magee Drive, Union Mills, NC 28167

$1,500,000
2,000 sqft

Established outdoor lodging property with cabins, guest amenities, and full-service RV accommodations.

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Renovated Duplex With Separate Utilities
Renovated Duplex With Separate Utilities

114 South Mitchell Street, Rutherfordton, NC 28139

$230,000
1,380 sqft

Turnkey 2-unit duplex with separate entrances and independently metered utilities for flexible living or rental use.

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Mountain Campground With RV Hookups
Mountain Campground With RV Hookups

231 Fibber Magee Drive, Union Mills, NC 28167

$1,500,000
15.00 AC lot

Hospitality property combines outdoor recreation, guest facilities, and lodging options in the North Carolina foothills.

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Newly Renovated Duplex with Separate Entrances
Newly Renovated Duplex with Separate Entrances

114 S Mitchell Street, Rutherfordton, NC 28139

$225,000
0.17 AC lot

Two one-bedroom units with separate entrances, natural gas heat, window AC, and public sewer in Rutherfordton.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Bostic Land with Mountain Views
Bostic Land with Mountain Views

158 Dusty Hollow, Bostic, NC 28018

$70,000
3.28 AC lot

3.28 acres with camper, shed, and essential utilities.

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Unrestricted Acreage with Highway Frontage
Unrestricted Acreage with Highway Frontage

Lot 2 Doggett Grove Road, Forest City, NC 28043

$45,000
1.93 AC lot

1.93 acres with city water and highway frontage.

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Unrestricted Land in Western NC
Unrestricted Land in Western NC

V/L Southern Way, Nebo, NC 28761

$799,000
102.80 AC lot

105.57+/- acres perfect for hunting, recreation, or development.

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Asheville Development Opportunity: 5.94 Acres
Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000
5.94 AC lot

5.94-acre parcel zoned RM6, ideal for multi-family development.

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Lake Lure, NC Multifamily Properties Market Trends and Statistics

Explore 3 multifamily properties for sale in Lake Lure, NC, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 159,909 square feet of properties for sale, with an estimated market value of $1,499,000.

Sale prices for multifamily properties in Lake Lure, NC start at $499,000, averaging $749,500, and reaching up to $1,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 1
Mobile home & RV parks 1
Short term rental properties 1

Demographics Overview

Population 2,734
Population Growth (5Y) +15.3%
Median Household Income $65,703
College Educated 64.5%

High-Yield Neighborhoods for Investment

Identify Lake Lure submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
28746 $539.7K

Taxes & Financing

Tax Rate (average for all types) 1.04%
Property Tax per SF $33.09 per SF
Tax Rate vs County Average 0.20 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Rutherford County

New Delisted

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