119 Boone Ridge Dr Burnsville, NC 28714

This exceptional investment opportunity presents a 15,480 square foot property situated on a 1.31-acre lot at 119 Boone Ridge Drive, Burnsville, NC. Currently priced at $1,550,000, this property offers a compelling return on investment with a projected 5.8% capitalization rate. The property is located in a quiet Burnsville community, offering a peaceful atmosphere while enjoying the convenience of being just five minutes away from the town square and all local shopping amenities. The property is partially renovated, with approximately 50% of the space already updated, presenting a significant value-add potential for the astute investor. This highly sought-after location ensures strong rental demand and long-term appreciation potential. The substantial size of the property, combined with its strategic location and current renovation status, makes this an ideal opportunity for investors seeking a strong return and significant upside. The 1.31-acre lot provides ample space for future expansion or development, further enhancing the property's long-term value. This is a rare chance to acquire a well-positioned property in a desirable area with immediate income potential and significant room for growth. Don't miss this chance to secure a high-yield investment in a thriving community.