1794 Poplar Grove Rd, Boone, NC for sale

Investment Overview

Wilson Kibler is pleased to present the listing of Poplar Point, located at 1794 Poplar Grove in Boone, NC. The property offers investors the opportunity to acquire a stabilized asset with value-add upside. Poplar Point is a three-story, garden-style student housing community near Appalachian State University, consisting of three 2-bedroom units and six 3-bedroom units (24 total beds) leased by the bedroom. The property features wood-frame, vinyl-siding exteriors, pitched roofs, covered stair towers with balconies, and ample surface parking. With its highly accessible location and proximity to both campus and community amenities, 1794 Poplar Grove is ideally situated to capture demand in one of the most resilient student housing markets in the region.

Investment Highlights

• -In unit stacked washer & dryer.
• -Convenient to AppalCART stop
• -Each Bedroom has a full bath ensuite or private half bath with a shared tub/shower.
• -Tenants are responsible for water/sewer and electric.
• -Parking is available at this complex for an additional $25 per month.