Description

Located at 1105 Fall Creek Road in Purlear, North Carolina, this distinctive investment offering spans 77.77 acres across two parcels and combines existing income-producing rentals with meaningful value-add potential in a picturesque mountain setting. The property features eight established rental cabins constructed between 1992 and 2002, each offering two bedrooms, two bathrooms, a loft, and welcoming outdoor living areas, many with covered porches, rocking chairs, swings, and hot tubs. Complementing the cabins are ten newly built glamping pods completed in 2023. These pods are set on wooden decks and feature PVC dome structures with glass doors and insulation, along with kitchenettes, combined living and sleeping areas, and full bathrooms. Final furnishings and finishing work will be required prior to placing the pods into service. The property is supported by robust infrastructure, including T&J Panel sewer systems, four wells with interconnected water lines, and a variety of on-site amenities such as fishing along Fall Creek, Green Branch Waterfalls, hiking trails, firepits, and picnic areas. This offering presents a rare opportunity to acquire a mountain retreat with established rental income and additional upside through completion and lease-up of the glamping units or future development such as tree houses. The property is being sold AS-IS by a Court-Appointed Receiver through Prodigy Properties, with the Receiver retaining the right to accept or reject any offer at its sole discretion. Interested parties may contact kurt@prodigyprop.com for additional information or to request a tour.