- For Sale $2,600,000
- Property Type Multi-Family
- Property Size 7,200 SF
- Units 9
- Lot Size 0.56 Acre
- Building Class C
- Year Built 2000
- Date Updated Mar 16, 2026
Description
Poplar Point is ideally positioned in the NC-105/Poplar Grove corridor, less
than two miles from Appalachian State University. The site offers quick
access to campus, Downtown Boone, and daily-needs retail along NC-105
and King Street, keeping commutes short and convenient. Market rental
demand in the immediate area is strong, with over 68% of households within
a one-mile radius being renter-occupiedWilson 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.
Highlights
- Convenient to AppalCART stop
- Each Bedroom has a full bath ensuite or private half bath with a shared tub/shower.
- In unit stacked washer & dryer.
- Parking is available at this complex for an additional $25 per month.
- Tenants are responsible for water/sewer and electric.
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Contacts
Brooks Owings
Wilson Kibler
Location
Contact Listing Broker
Brooks Owings
Wilson Kibler