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House
·
for sale
USD 2,650,000
New
Brevard Rd, Arden, Home For Sale
Bent Creek, Avery Creek township Buncombe County North Carolina
· 0 sq.ft · House
Bent Creek, Avery Creek township Buncombe County North Carolina · 0 sq.ft · House
This 10-unit multifamily asset in South Asheville features five townhome-style duplexes, each on a separate tax parcel-creating rare flexibility for condo conversion, individual resale or short-term rentals providing multiple monetization paths. The property is 100% occupied with a strong unit mix of two 3BR/2BA and eight 2BR/1.5BA units, currently achieving rents 20-25% below market. Low operating expenses, strong in-place cash flow, and future sewer connectivity offering development potential position this as a compelling value-add investment in a high-growth submarket. See attached brochure
This 10-unit multifamily asset in South Asheville features five townhome-style duplexes, each on a separate tax parcel-creating rare flexibility for condo conversion, individual resale or short-term rentals providing multiple monetization paths. The property is 100% occupied with a strong unit mix of two 3BR/2BA and eight 2BR/1.5BA units, currently achieving rents 20-25% below market. Low operating expenses, strong in-place cash flow, and future sewer connectivity offering development potential position this as a compelling value-add investment in a high-growth submarket. See attached brochure
USD 2,650,000