5725 Ela Rd
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Active
5725 Ela Rd, Whittier NC 28789
$995,000
Est. $3,319/mo
—
Beds
—
Baths
1
SqFt
This motel site on 2.7 acres, has a total of 29 rooms plus a front office. Located 5 miles from the Cherokee Casino. This can easily be converted into affordable housing for casino workers with the plan being for 25 studios, 3 one-bedroom units and 1 one-bedroom unit. The building has not been functional in decades. Freshly painted with a new metal roof. 1 room has been remodeled to serve as a model, the office can be rented separately.
Listed by:
Selissa Shuler, Appalachian Real Estate
Source: Carolina Smokies Association of Realtors
Selissa Shuler, Appalachian Real Estate
Source: Carolina Smokies Association of Realtors
Property Overview
| Added | Neighborhood | |
|---|---|---|
| 3 months ago | — | |
| Type | Status | Lot Size |
| Commercial sale | Active | 2.7 acres |
| County | Built | MLS# |
| Swain | — | 26037836 |
Commute Time
Additional Details
Legal
| Parcel Number | Deed/Plat Book | Deed/Plat Pages |
|---|---|---|
| 669402676411 | 0531 | 0805 |
Property
| Type | Subtype |
|---|---|
| Commercial_sale | Commercial |
| Elevation | Zoning Spec |
| — | — |
Utilities
| Heating | |
|---|---|
| None | |
| Water | Sewer |
| Well | |
Community
| Elementary School | Middle School | High School |
|---|---|---|
| — | — | — |
Payment Estimator
Total Monthly Payment
$2,861
$2,861
Monthly Interest
$97
$97
% Down
% Principal
% Interest
$995,000.0
20% ($199,000)
3.5%