MultiFamily

MLS Number CAR4019546

• MultiFamily
• Square Feet 12,392
• Acreage 1.17
• Property SubType Residential Income

Income Producing / Multi-Family Investment Property located in the West Asheville Community. This Offering is for a Portfolio of 15 Rental Units on 7 separate tax parcels. There are 7 Duplexes constructed in 2012-2013, each duplex has a Main Floor unit consisting of 3 bedrooms/2 baths and an Upper Floor unit consisting of a 1 bedroom/ 1 bath each with its own private entrance, and there is 1 Brick SFR built in 1961 (302 Deaverview) with 3 bedrooms/2 baths. Each Structure stands alone on its own individual tax parcel. The Deaverview & Huffman Street units are on adjoining & contiguous parcels consisting of 9 Rental Units in one location. (GIS Map attached). The Buffalo Street units are also adjoining & contiguous parcels with the remaining 6 Rental Units together in a separate location within a 2.5 miles drive from one another. Please review the CoveStar Brochure for additional details. Annual property operating data and a rent roll with lease sensitivities are available upon request.

Listed by James Diaz of Covestar Investment Realty

MLS Number CAR3935327

• MultiFamily
• Bedrooms 4
• Square Feet 2,926
• Acreage 2.8
• Property SubType Residential Income

Family compound nestled on Elk Mountain Scenic Hwy offering enchanting grounds & expansive East, South & West year-round views of downtown Asheville & the mountain-ranges beyond. Incredible opportunity for passive income w/3 separate dwellings. The Appalachian main house features architecturally renovated spaces w/stunning kitchen, 3BRs, plus home office & loft. Two turn-key cottages offer endless possibilities for renting. Grossing an avg of $137,200/year (cottage & suite only), the cottages offer like-new construction w/gracious finishes, open decks, hot tub, & endless views across the Beaverdam Valley. No restrictions on short-term renting 1, 2 or all 3 units. New approved septic revision to expand existing 3 BR system to a 5 BR system on file, buyer to expand. Enjoy sunset views, a beautiful park-like setting, 2 garages & endless potential: Live, rent, expand! 10min to the Blue Ridge Pkwy & 10min to DT Asheville. https://iframe.videodelivery.net/08fb2176ec58296f621d2b3f4e72d455

Listed by Jennifer Farley and Cain Cox of Premier Sotheby’s International Realty

MLS Number CAR4036428

• MultiFamily
• Acreage 12.36
• Property SubType Residential Income

An immaculate mobile home park on 12.36 acres of land boasting beautiful views that will captivate you. This remarkable property offers 26 spacious & well-maintained mobile home spaces, presenting an incredible investment opportunity in the heart of tranquility. The park currently comprises 22 owned mobile homes, 3 tenant-owned homes, and 1 empty space. These homes provide an instant source of rental income, making this an ideal venture for seasoned investors and those seeking to enter the lucrative rental market. Additionally, this property presents an exciting prospect for expansion. With the rising demand for affordable housing, the perfect chance to increase your investment portfolio and maximize your returns. The mobile home park offers residents a peaceful & welcoming environment. The lush green surroundings and mountain vistas create an idyllic setting. Residents will relish the opportunity to revel in nature's beauty while benefiting from the convenience of nearby amenities.

Listed by Donna Prinz of Keller Williams Biltmore Village

MLS Number CAR3886280

• MultiFamily
• Acreage 29.69
• Property SubType Residential Income

Ideal multifamily property with all necessary utilities close to Asheville on scenic 5 lane Highway 74A that goes to Lake Lure/Chimney Rock. Perfect for condos, apartments or a village of short-term rental cabins. Property already has public water, gas, cable, electric, deeded public sewer access, and additional right of way thru Heritage Mountain Place. Adorable cottage with split bedroom floor plan hidden in landscaped gardens. Almost 30 acres of large old growth forest and thick rhododendrons. Property could be multifamily or commercial with zoning change. Commissioners said they were likely to approve for conditional use if plans were submitted with zoning change request. Only 3.5 miles to Blue Ridge Parkway or east Asheville in beautiful, high demand Fairview.

Listed by Allen Helmick of Cool Mountain Realty

MLS Number CAR3927346

• MultiFamily
• Bedrooms 17
• Square Feet 8,407
• Acreage 8.14
• Property SubType Residential Income

Picturesque mornings & colorful sunsets await you on this expansive & peaceful property located a short drive to Hendersonville's shops & amenities. This private estate is a unique opportunity for homeowners & investors. The main home has 3BRM. 1.5B, a remodeled kitchen upgraded flooring & new paint. It features a renovated studio apartment w/separate access. Majestic stonework stairs, pathways & wrought iron fencing encase the mature landscaping, perfect for family gatherings or a peaceful evening on the patio. Adjacent to the main homes is a newly constructed 3BR. 2B modular homes expertly furnished with top of the line appliances & neutral colors, a deck off the kitchen creates a flex able space to enjoy the views & serenity of the property. This unique property comes with an established renovated mobile home park with single and doublewide homes. The property also includes 3 unrestricted parcels that be used to build on, park RV;s or camp under the stars. Endless possibilities.

Listed by Christopher Battista and June Andrews of Allen Tate/Beverly-Hanks Hendersonville

MLS Number CAR4015579

• MultiFamily
• Bedrooms 7
• Square Feet 3,475
• Acreage 3.9
• Property SubType Residential Income

Fantastic investor opportunity with tremendous cash-flow. Projected to bring in between $125k-$145k in revenue this year!!!! The parcel may have additional lots to develop. Feel like you're staying in the mountains while being only minutes to downtown Asheville! These two 1931 log cabins on 3.9 acres have been meticulously remodeled and designed to blend Asheville's rich history with an updated style, perfect to host group getaways. The property has two structures, a duplex unit and the lodge, just steps apart. The duplex features an upstairs and downstairs unit each with their own separate entrance. The upstairs unit of the duplex has a living room, kitchen, bathroom and laundry area with a king bedroom and a bedroom with two twin beds. The downstairs unit also has a living room, kitchen and bathroom with two queen bedrooms. Just steps across the parking area you will find the lodge, with three bedrooms, three bathrooms and enough common space for large groups.

Listed by David Bluth of Blueblaze Real Estate Group LLC

MLS Number CAR3603722

• MultiFamily
• Square Feet 1,032
• Acreage 5.39
• Property SubType Residential Income

Back on the market...Attention Commercial Developers and Investors: New Leicester Hwy acreage with 9-pads Mobile Home Park - 4 miles from Patton Avenue. High traffic count, large corner tract with traffic signal, level acreage with over 500' frontage on 5-lane New Leicester Hwy and also on O'Donald Road. Many potentials for Commercial Development, expanded MHP, Warehouse, Storage Buildings, Apartments, or combination unrestricted usage. Outside city limits, Open Use zoning, little to no grading necessary. Three wells plus has municipal water along side property. Existing house is residence and could be residential rental or office. 4 mobiles convey. One of few larger tracts remaining for development along this rapidly growing corridor. For GPS, the mailing address is 223 O'Donald Rd Asheville NC 28806

Listed by Micheal Farlow and Alan Cuthbertson of Lantern Realty & Development

MLS Number CAR3927201

• MultiFamily
• Bedrooms 15
• Square Feet 1,208
• Acreage 6.99
• Property SubType Residential Income

Exclusive investment opportunity! This furnished, short-term corporate rental park is 100% occupied and located just 20 minutes from downtown Asheville. The 6.99+/- acre property is located in Arden near Brevard Road and Long Shoals Rd. and in close proximity to the new Pratt & Whitney plant. It includes 6 fully furnished mobile homes as well as a furnished and renovated, historic post civil war cabin that was previously used as a successful & profitable vacation rental. Mature hardwoods surrounding and throughout the park provide a tranquil setting for tenants and/or a property owner/manager. The cabin is accompanied by a detached 2-car garage, root cellar, and back up well spring. Approximately 2.5+/- acres of the south end of the property are undeveloped and have direct R/W access to Ball Mountain Rd. See duplicate mls listing #3885508.

Listed by Darrell Metcalf of Carla & Company Real Estate Services