15 unit multifamily property in Pilot Mountain for sale
Unit mix consists of (1) 3 bedroom 1 bath house, (12) 2 bedroom 1 baths and (2) 1 bedroom 1 bath
All buildings on the exterior have had extensive renovation
All units have been renovated in some capacity, with most having new paint, LVP and appliances.
All units are separately metered for both power and water
Property sits on 2.22 acres with a great view of Pilot Mountain state park
There is potential to add more units on the excess acreage however, there are no formal conceptual drawings
Potential to increase rents across the board.
Property across the street is renting at $1,250/month for 2 bedroom units and $1450/month for 3 bedroom units.
About Pilot Mountain, NC
Pilot Mountain, North Carolina, is a small town located in Surry County in the northwestern part of the state. The town is named after the prominent geological formation known as Pilot Mountain, which rises abruptly from the surrounding landscape. This distinctive peak is also sometimes referred to as "The Big Pinnacle."
Pilot Mountain State Park encompasses the mountain and surrounding areas, offering opportunities for hiking, rock climbing, picnicking, and wildlife viewing. The park is a popular destination for outdoor enthusiasts.
Pilot Mountain has served as a filming location for various movies and television shows. It has appeared in films such as "The Last of the Mohicans" and the television series "The Andy Griffith Show."
In addition to Pilot Mountain State Park, the area surrounding Pilot Mountain offers numerous opportunities for outdoor recreation, including fishing, camping, and horseback riding.
While historically agriculture played a significant role in the local economy, today, Pilot Mountain has a diverse economy that includes tourism, small businesses, and services catering to outdoor enthusiasts.
The town hosts various events throughout the year, including the Pilot Mountain Christmas Parade and the Mayfest Arts & Crafts Festival, which features local artisans and vendors. Pilot Mountain is situated in the foothills of the Blue Ridge Mountains, providing residents and visitors with scenic views and easy access to outdoor recreational activities.
Despite its small size, Pilot Mountain has a close-knit community known for its friendliness and Southern hospitality. Residents take pride in their town's natural beauty and cultural heritage.
