University Suites & Villas at WCU

50 Graduation Avenue, Cullowhee, NC 28723

  • For Sale $19,500,000
  • Property Type Multi-Family
  • Property Size 130,841 SF
  • Units 156
  • Lot Size 10.8 Acre
  • Year Built 2010
  • Date Updated May 20, 2025
Western Carolina University (WCU) is a public university in Cullowhee, North Carolina. It is part of the University of North Carolina system. The fifth oldest institution of the sixteen four-year universities in the UNC system, WCU was founded to educate the people of the western North Carolina mountains. WCU provides an education to students from 48 states and 35 countries. WCU’s student body is comprised of more than 11,000 students including more than 9,000 undergraduate students. Western Carolina University's academic programs are housed in six colleges: Arts and Sciences, Business, Education and Allied Professions, David Orr Belcher College of Fine and Performing Arts, Health and Human Sciences, and Engineering and Technology. In addition, Western Carolina University's Brinson Honors College coordinates courses and events in every area of student and offers several interdisciplinary programs, the Graduate School coordinates the admission process, funding support, and awarding of degrees to graduate students, and Hunter Library provides academic support for all academic units. The main campus at Cullowhee has residential facilities for students. These include seventeen residence halls, two full-service cafeterias, and one food court with fast-food outlets. The halls house more than 4,500 WCU students each academic year. The campus residence buildings include one with a priority given to graduate students, named Madison Hall. Balsam Hall and Blue Ridge Hall are residence halls for Brinson Honors College students. These halls are centrally located to campus and are connected via an arch between them. The Village, home to residential Greek and student organizations. Three new residence facilities were recently completed from a $50.2 million residence hall project. The newest residence halls are referred to as "The Rocks". They consist of three buildings, Black Rock, Shining Rock, and Water Rock. They were all fully opened in Spring of 2023 and are located in place of former Scott and Walker Halls. As a member of the Southern Conference, Western Carolina University participates in NCAA Division I athletics. Intercollegiate athletics include football, men and women's basketball, baseball, softball, women's soccer, men and women's golf, men and women's track and field (Indoor and Outdoor), cross country running, women's volleyball and tennis. Catamount football is a member of Division I FCS and plays at Whitmire Stadium. The Ramsey Center is home to men's and women's basketball, and women's volleyball. Baseball is played at Hennon Stadium, softball is played at the Catamount Softball Complex, and the Catamount Athletic Complex is home to women's soccer, tennis, and track and field. Source: Western Carolina University. Retrieved from: Western Carolina University- Wikipedia. Retrieved from Western Carolina University - Fast Facts.
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Highlights

  • High Barrier to Entry | Mountainous Terrain Creates Lack of Suitable Development Land
  • Positive Enrollment Trends | Trending Towards Record-High Enrollment
  • Proximity to Campus | Villas II location is 0.2 mile, 3 min walk
  • Attractive Financing | Assumable Debt Boosts Cash-on-Cash Return to 8%
  • Rent Growth | 11% Increase Year-Over-Year
  • 2025-2026 Academic Year | 100% Pre-Leased

Contacts

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SCOPE Commercial Real Estate Services

Location

Getting Around

  • Walk Score ®

    4/100 Car-Dependent
  • Bike Score ®

    9/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Cullowhee, NC
  • Zip Code 28723

Points of Interest

  • Abandoned

    0.48 miles

  • Exxon

    1.30 miles

  • Citgo

    2.46 miles

  • Quality Plus

    2.83 miles

  • Enmarket

    3.58 miles

  • Valero

    4.30 miles

  • Mobil

    4.84 miles

  • BP

    6.02 miles

  • Suites Visitor Parking

    0.14 miles

  • Motor Pool Lot

    0.57 miles

  • Baptist Tier 4 Lot

    0.58 miles

  • Church Parallel

    0.62 miles

  • Print Shop

    0.65 miles

  • Upper Norton

    0.68 miles

  • Madison

    0.69 miles

  • Central Parallel

    0.70 miles

  • Middle Norton

    0.71 miles

  • University Inn

    1.86 miles

  • Comfort Inn

    3.03 miles

  • Hotel Sylva

    4.59 miles

  • Economy Inn

    4.71 miles

  • Quality Inn

    4.88 miles

  • Dillsboro Inn

    5.21 miles

  • The Jarrett House

    5.41 miles

  • Best Western Plus River Escape Inn & Suites

    5.49 miles

  • Holiday Inn Express & Suites Sylva - Western Carolina Area

    5.91 miles

  • Microtel Inn & Suites by Wyndham Sylva Dillsboro Area

    6.10 miles

  • El Sazon

    0.19 miles

  • Speedy's Pizza

    0.27 miles

  • Rodgers Bros

    0.27 miles

  • Steak 'n Shake

    0.83 miles

  • Chili's

    0.83 miles

  • Brown Dining Hall

    0.83 miles

  • Subway

    0.84 miles

  • Einstein Bros. Bagels

    0.85 miles

  • Chick-fil-A

    0.96 miles

  • Which Wich?

    0.97 miles

  • Western Carolina University

    1.37 miles

  • Cullowhee Valley School

    1.96 miles

  • Southwestern Community College - Jackson Campus

    2.49 miles

  • Fairview Elementary School

    2.55 miles

  • Smoky Mountain High School

    2.57 miles

  • Scotts Creek School

    6.05 miles

  • Whiterock School

    6.35 miles

  • Double Spring School

    6.46 miles

  • Victory Christian School

    7.71 miles

  • Log Cabin School

    7.96 miles

  • Pam's Child Development Center

    4.98 miles

Frequently Asked Questions

How much does University Suites & Villas at WCU cost?

The space currently listed for sale at University Suites & Villas at WCU asks for $19,500,000.

What is the total square footage of University Suites & Villas at WCU?

University Suites & Villas at WCU totals 130,841 square feet.

When was this property built?

University Suites & Villas at WCU was built in 2010.

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