9622 US Highway 311, Archdale, NC

Others for Sale - $7,000,000 - 23 acres


Agent Info

Marguerite Greene
CENTURY 21 Triangle Group

Property Info

CIMLS#1155766
Location
  9622 US Highway 311
  Archdale NC 27263
UpdatedFebruary 27th, 2024
TypeOthers
Price$7,000,000
Land23 acres

Property Description

Located in the High Point area, this turnkey event center offers a fully furnished luxurious main estate building, additional event barn, bridal salon and Chapel all nestled beside a large pond on a professionally landscaped 23 plus acres retreat.

Value Add:
Additional revenue streams.  3 Residential Income properties and Horse Barn rental 


Financials

Seller Financing:

* Sales Price $7M

* Down Payment $2,100,000.00

* Loan $4,900,000.00

* Interest 4.5%

* 5 YR Balloon

* 60 Monthly Payments of $20,550.10

* Balloon payment after 60 months $4,774,501.80

* No Prepay Penalty