Incredible investment opportunity in the heart of the Franklin NC mountains. Welcome to Oak Forest Cottages - 12 charming little homes awaiting your restoration to the adorable mini-village they once were. What a stellar opportunity for rental income! Ideal for either long-term rentals, a vacation rental hamlet, or utilize for short-term rental homes as are very much needed in the area. The 2.8-acre parcel lays gently, with two common areas which could be used for picnic tables, lawn games, firepits, extra parking, or possibly an additional homesite. Eleven of the homes are 1 bedroom/1 bath and the 12th is a 2/1. One of the cottages also boasts a lower level, which could be refinished again as a 13th rental unit. One unit was formerly set up for a live-in property caretaker. Nine of the cottages had new metal roofs installed in 2021. The location is ideal for easy access to Franklin, Highlands & Sylva NC and Clayton GA and features paved access up to the driveway. You can't find a better location to provide your clients access to rafting, hiking, waterfall-viewing, gem-mining, casinos, fishing, shopping, and all the WNC mountains have to offer!
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
