About 380 W King Street
Rare opportunity to own prime real estate in Boone, NC, with the Campus Hill Apartments. Located on West King Street and Wallace Circle in downtown Boone, NC, across the street from the campus of Appalachian State University. This is student housing with redevelopment potential, on just under an acre of land. The property consists of seven separate buildings with 54 apartment units and 61 total bedrooms. It is currently at 100% occupancy, with additional income from parking spaces and on-site laundry. The location is within walking distance to most everything, including restaurants, bars, shops, parks, various neighborhoods, grocery stores, drug stores, and hotels. Starting in August 2025 the projected PGI is $570,300 per year. Property is located on five tax parcels as identified by Watauga County. Reported assessed value is all five tax parcels.
Features of 380 W King Street
| MLS® # | 256675 |
|---|---|
| Price | $6,800,000 |
| Bathrooms | 0.00 |
| Acres | 0.98 |
| Year Built | 1959 |
| Type | Commercial Sale |
| Sub-Type | Building/Land |
| Status | Active |
Community Information
| Address | 380 W King Street |
|---|---|
| Area | 1-Boone, Brushy Fork, New River |
| Subdivision | None |
| City | Boone |
| County | Watauga |
| Province | NC |
| Postal Code | 28607 |
Amenities
| Parking | Parking Space(s) |
|---|---|
| Garages | Parking Space(s) |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Baseboard, Electric |
|---|---|
| Cooling | None |
| Fireplace | No |
| Has Basement | No |
Exterior
| Exterior | Brick, Wood Frame |
|---|---|
| Exterior Features | None |
| Roof | Metal |
| Construction | Brick, Wood Frame |
School Information
| Elementary | Hardin Park |
|---|---|
| High | Watauga |
Additional Information
| Date Listed | July 1st, 2025 |
|---|---|
| Days on Market | 1 |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Underdown, Ball & Associates, LLC |
|---|---|
| Contact Info | (336) 835-2256 |