At a 7.5% Cap Rate these apartments won't last. 6 four unit buildings. newer construction bordering the historic Swannanoa River. Well maintained property with large units, 22 -2 bedroom/ 2 bath units and 2 -1 bedroom units. Tenants pay all of their own utilities including water. 100% rented with quality tenants. Lots of parking, including dedicated covered space for each unit. New paint and carpeting are installed as needed between tenants. Drive-by's welcome, please do not disturb tenants.
Own a part of quintessential Asheville! -Historic 8 unit apartment building on Montford Ave. Short walking distance to downtown. The units are comprised of one and two bedroom units: 6 in main house, one basement apartment and a small cottage in the rear. All units feature fine architectural detail. Well maintained.Parking in rear. Large undeveloped side yard with garden and large trees. Gas furnace. Coin operated laundry for residents.
3 Apartment complex with Separate Luxury Log Home on 3.11 acres. 5 minutes to Asheville. Each apartment has 1 bed/1 bath. Log Home has 4 bedrooms and 3 bath with bonus large loft and basement den/bonus room.
Nice 11 unit multi-family. Well positioned near Carrier Park and West Asheville shopping and dining district. Property has good long term management in place. Units are in excellent condition. In the center of W AVL growth plan.
ATTENTION INVESTORS! Unique Quad-Plex located in desirable N. Asheville only 1.4 mi from DT & 1.7 mi from UNCA. Please note there are 5 units in the building - 1 is not recognized by the CofA , 5th unit included in Net income. Units have 1925 charm but most have been updated/renovated & well maintained. Hardwood floors & updated kitchens. Additional income from parking & storage units. All 5 units have strong rental history with tenants in place
2 houses for 1! Rare opportunity to own a piece of Asheville history. One of the oldest houses in Asheville! Beautifully renovated with wide plank hardwood floors, 2 chimneys, 6 fireplaces. Wide staircase with built-in benches, Dutch door, antique hardware, 2nd floor balcony, large restored windows, fenced yard! Comes with a private CARRIAGE HOUSE in back yard with separate utilities. Perfect for income property or in-law house. Zoning CB-1 which creates many opportunities for usage.
ATTENTION INVESTORS! Quad-plex in desirable N. Asheville located 1.4 mi from downtown & 1.7 mi from UNCA. Has the charm of a 1925 home but all four units have been renovated/updated to different degrees. Building has hardwood floors, new paint and has been well maintained. Additional income from parking spaces, storage units & coin operated laundry. All 4 units have strong rental history with great tenants in place. At least 24 hour notice needed for showings. Contact LA to schedule showing.
Seller is motivated...all offers considered. Lots of potential in this 3.27 acre property located between Weaverville and Asheville:
-Live in the brick house and rent out other house
-Finish apartment over detached garage for additional income
-Create a small gated community...septic and city water in place
-Create affordable housing community with tiny homes or container homes
-Could rent spaces for mobile homes or install singlewides
Property has a park-like setting hosting nice brick ranch (1644sf), another site-built home (1009sf), one 2-story building for garage/storage or possible apartment/studio, and 7 pads for singlewides or tiny homes. Live in main home, rent other home or create small subdivision. Both homes have great decks and fencing, but the entire property is fenced. Adding to the park-like environment is a gazebo, park bench, and a play house.
Please see www.540OldMarshallHwy.com for more information.....floorplan, improvements, etc.