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10 Gardening Frog Trail, Waynesville, 28785

Price: $ 824,111
Taxes: $ 0
Bed/Bath: 6/4
Sq. Ft.: 2210
Lot Size: 2.14
Subdivision: None
County: Haywood
 
Listing Agency: LandCrazy.com
Listing Agent: Thomas Cure
Agent Phone:
 
Property Description
Organic Farm! This gorgeous 2.14 acre long-established income-producing property is an investor's dream! Since 2007, two of the rentals have been Premier Host/Superhost on VRBO/AIRBNB. The 3rd rental is month to month and rents for $1,200-$1,500 month. Long term trained staff. There is a creek the length of parcel, multiple ponds/waterfall with Goldfish/Koi; chickens, veggie gardens, heirloom orchard plus nuts, berries, figs & more! Chemical-free filtered water is supplied to the entire parcel, plus Netafin irrigation system in the gardens. Attached greenhouse produces organic food year-round. NOI approximately $92,800 in 2020 & 2021 and can easily reach $120,000+ NOI a year. Cap Rate: 12.5%. Seller retiring but includes a consulting package for easy transition. Included: Rental furnishings/supplies/reservations, grounds tools/equipment, mower, golf cart. Chickens supply enough eggs for owners and guests. 1 bedroom for addition of a 4th rental.
 
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