1150 W Blue Ridge Road # -Jordan Lodge 44 Units East Flat Rock, NC
$ 3,950,000
Property Attributes
  • ML#3485857
  • TypeMulti-Family
  • CityEast Flat Rock
  • AreaHenderson County
  • Zip28731
  • StyleContemporary
  • Price$ 3,950,000
  • Bedrooms61
  • Full Bathrooms45
  • Half Bathrooms1
  • Sqr Footage22100
  • Lot Size8 Acres
Listing Provided Courtesy Of:
Estate Realty
Property Description

Investor Alert! projected CAP Rate 10+=%.(projected 40% occupancy) Historic Mill House Lodge Circa 1890, First time offering as Resort Hotel Condos 44 Condo Hotel units available. On site Rental Offices, All units have view of private Jordan Lake. Club house lodge, swimming pool and short stroll to Historic Flat Rock Village shops and cafes. All information may be reviewed on www.MillHouseCondo.com . HOA approx. $6.5 per sq ft mo includes all utilities, cable, Wifi, groundskeeping and Building fire insurance. Owner would consider financing with substantial down payment.

Elementary School Middle School High School
Unspecified Elementary School Unspecified Middle School Unspecified High School
Price History
3/19/2019 Listed $5,800,000
7/20/2019 18% - $4,800,000
8/28/2019 18% - $3,950,000

General Features

Association Fee Frequency Monthly
Construction Status Complete
Elementary School Unspecified
Green Certification None
HOA Fee 12000.00
High School Unspecified
Middle/Junior School Unspecified
Number Of Projected Units Total 44
Pets Allowed Y/N Yes
Property Sub Type Other
Property Type Multi-Family
Status Active
Unit Number Jordan Lodge 44 Units

Interior Features

Beds Total 61
Equipment Gas Range/Oven, Microwave, Refrigerator, g-Energy StarĀ® Refrigerator
Flooring Laminate Tile, Laminate Wood, Tile
Full Baths 45
Half Baths 1
Heating Central Air, Heat Pump - AC, Heat Pump - Heat
Laundry Location Common Facility, None
Water Heater Electric

Exterior Features

Community Features Business Center, Club House, Lake, Outdoor Pool
Driveway Asphalt
Exterior Construction Wood
Exterior Features Fire pit, Lawn Maintenance, Pool-In-Ground
Foundation Block, Crawl Space, Slab
Lot Description Lake Access
Lot Size Area 8.000
Model unit 202x6
Parking Driveway
Porch Front
Sewer City Sewer
Style Contemporary
Water City Water
Water Body Name Jordan Lake
WaterFront Features Paddlesport Launch Site, Other - See Media/Remarks


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 28731

AVG $3.95M
AVG 464
Year Built
AVG 1970
AVG 27
Data Provided by Walkscore ® not using MLS data

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