Excellent investment rental portfolio opportunity consisting of 12 unique condominiums clustered in the Mill House Lodge Condominium complex. This property is located in the boutique mountain community of Flat Rock Village, NC. which is 3 miles from Main Street Hendersonville. Each unit has a unique floor plan and all but 2 have been updated with a curated fresh look, appliances, and come completely furnished. Can be used as long or short term rentals and HOA fees include all power, heat/ac, water, internet, cable, laundry, trash, common area maintenance and landscaping. Properties boast a low vacancy rate in a prime vacation rental area walkable to downtown Flat Rock, maximizing potential income. Units consist of eight large one bedrooms, one large two bedroom, one large three bedroom and two ample sized studios.
The median home value in Flat Rock, NC is $519,000. This is higher than the county median home value of $391,100. The national median home value is $338,100. The average price of homes sold in Flat Rock, NC is $519,000. Approximately 74.92% of Flat Rock homes are owned, compared to 1.46% rented, while 23.62% are vacant. Flat Rock real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Flat Rock real estate agent to arrange a tour today!
Flat Rock, North Carolina has a population of 3,460. Flat Rock is less family-centric than the surrounding county with 10.88% of the households containing married families with children. The county average for households married with children is 24.37%.
The median household income in Flat Rock, North Carolina is $87,700. The median household income for the surrounding county is $59,928 compared to the national median of $69,021. The median age of people living in Flat Rock is 63.1 years.
The average high temperature in July is 83.7 degrees, with an average low temperature in January of 26 degrees. The average rainfall is approximately 51.9 inches per year, with 8.6 inches of snow per year.