Property profile

86 Lily Pad Ln Flat Rock, NC 28731

FOR SALE
Resorts
Property ID
US53-Q018642
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Property summary

AI-generated overview

Highland Lake in Historic Flat Rock, NC — an established leisure destination with enduring appeal. This under-marketed hospitality asset offers some immediate operational income with potential to add income streams from special events, weddings, corporate events, leveraging the variety of beautiful structures on the property. Incredible 25 Acre Resort Lake access with new dock Award-Winning Restaurant Private Dining Rooms Special Events Hall Meeting and Conference Rooms 65 Guest Suites across a variety of types of cottages cabins and inn-style buildings Pool with Covered Pavillion Tennis Courts Office & Administration Building Garden House / Owner's Retreat (Optional: $700,000)

Property profile

Verified
Property type Resorts
UPID US53-Q018642

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

86 Lily Pad Ln Flat Rock, NC 28731
Flat Rock metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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