Description
Lindsey Lane Apartments is a 10-unit multifamily property consisting of four buildings on ±1.98 acres with a mix of one-, two-, and three bedroom units. 9 of the 10 units have been renovated. Numerous mini-split HVAC installed. This limits any near-term capital needs. Four month-to-month leases provide immediate opportunity to increase rents to market; continuing to implement water reimbursements and garage rentals are additional opportunities to increase NOI. With multiple paths to increase income, Lindsey Lane offers investors an attractive combination of current cash flow and value-add upside.
Address
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Address: 80 Lindsey Lane, Burnsville, North Carolina 28714
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City: Burnsville
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State/county: NC
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Zip/Postal Code: 28714
Details
Updated on September 16, 2026 at 5:52 pm-
Property ID 4425383
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Price $1,450,000
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Property Size 8631 m²
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Garages 6
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Year Built 1987
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Property Type Apartment, Residential Income
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Property Status Active, For Sale
Additional details
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Roof Architectural Shingle
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Sewer Septic Installed
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Cooling Ceiling Fan(s), Ductless
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Heating Baseboard, Ductless, Kerosene
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County Yancey
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Property Type Residential Income
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Parking Driveway, Attached Garage
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Elementary School Unspecified
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Middle School Unspecified
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High School Unspecified
Features
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Down Payment
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Loan Amount
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Monthly Mortgage Payment
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Property Tax
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Home Insurance
Contact Information
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