Multifamily

8 Village Lane Asheville NC 28803

Price$5,550,000

Est. Mortgage: $/month

MLS Number 3509595

  • MultiFamily Multi-Family
  • Subdivision Biltmore Village
  • Year Built 1931
  • Square Feet 19364

Rare investment opportunity on 1.93 acres in the heart of Biltmore Village in Asheville! On the National Historic Register, this 11-unit luxury condo complex was converted from the historic Biltmore Hospital in 2005. Offered are the 8 remaining fully furnished 2 bedroom condo units zoned to allow short term vacation rental, a 30 space off-street parking lot, and the recorded DEVELOPMENT RIGHTS for an additional 15,448SF building (see PIN#9647-79-0174-R0001). Elevator.

Listed by Janet Whitworth of Premier Sotheby's Int'l Realty

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$
%
$/month over payments
Federal 30-year interest rate: 3.81% last updated on Jul 18, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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1150 W Blue Ridge Road East Flat Rock NC 28731

MLS Number 3485857

  • MultiFamily Multi-Family
  • Year Built 1970
  • Square Feet 22100
  • Lot Description Lake Access

Investor Alert! projected CAP Rate 10+=%.(projected 40% occupancy) Historic Mill House Lodge Circa 1890, First time offering as Resort Hotel Condos 44 Condo Hotel units available. On site Rental Offices, All units have view of private Jordan Lake. Club house lodge, swimming pool and short stroll to Historic Flat Rock Village shops and cafes. All information may be reviewed on www.MillHouseCondo.com . HOA approx. $6.5 per sq ft mo includes all utilities, cable, Wifi, groundskeeping and Building fire insurance. Owner would consider financing with substantial down payment.

Listed by Mike Bryant of Estate Realty

$
$
%
$/month over payments
Federal 30-year interest rate: 3.81% last updated on Jul 18, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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203 6th Avenue Hendersonville NC 28739

Price$3,200,000

Est. Mortgage: $/month

MLS Number 3400002

  • MultiFamily Multi-Family
  • Year Built 1917
  • Square Feet 10158

Elegant & historic Landmark building! Conveniently located on the corner of Church Street in downtown Hendersonville. Property has been beautifully renovated for energy efficiency while maintaining all of the charm of the 1920's. Gorgeous stain glass accents, window seats, hardwood floors, windows above interior doors, antique milk slots and more. Building features rooftop terrace with 360 degree views, an electric car charging station, elevator, reception area with controlled access, and security system. There are 5 total units, one being a penthouse. All suites have private balconies. Close to I-26. 30 minutes to Asheville. Call List agent for more information.

Listed by Donna Logan of Cornerstone Real Estate Cons.

$
$
%
$/month over payments
Federal 30-year interest rate: 3.81% last updated on Jul 18, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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1150 W Blue Ridge Road East Flat Rock NC 28731

MLS Number 3482410

  • MultiFamily Multi-Family
  • Year Built 1970
  • Square Feet 9100
  • Lot Description Lake Access

Investor Alert! projected CAP Rate 10=%. Historic Mill House Lodge Circa 1890, First time offering as Resort Hotel Condos 44 units available. On site Rental Offices, All units have view of private Jordan Lake. Club house lodge, swimming pool and short stroll to Historic Flat Rock Village shops and cafes. All information may be reviewed on www.MillHouseCondo.com . 23 Unit Jordan Lodge / Studios Unit ground Level Remodel and closing sched for May 2019 HOA $6.50 per sq ft mo includes all utilities, cable, Wifi, groundskeeping and Building fire insurance. Owner would consider financing.

Listed by Mike Bryant of Estate Realty

$
$
%
$/month over payments
Federal 30-year interest rate: 3.81% last updated on Jul 18, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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92 Flat Top Mountain Road Fairview NC 28730

Price$2,195,000

Est. Mortgage: $/month

MLS Number 3510635

  • MultiFamily Multi-Family
  • Subdivision None
  • Year Built 1926
  • Square Feet 6249

Experience a uniquely artisanal lifestyle in this unparalleled, National Historic Landmarked property which encompasses an updated, rustic revival style main lodge, 3 separate cabins, an event barn, pavilion, enormous granite rock outcroppings, & over 1000 ft of cascading creek w/multiple waterfalls nestled across 16+ acres- all within 20 min of vibrant d'town Asheville. A southeast exposure affords stunning views of Little Pisgah, Hickory Nut Gap, & Bearwallow Mountain. Over the years, the homes have been tastefully updated & remodeled, keeping the historic charm & craftsmanship of the property intact, while equipping the homes to today's standard of living. The expansive property has been an invaluable artistic canvas for the current owners & the torch is ready to be passed on to the new owners. Over the past 2 years, the property has been successfully used as a short-term vacation rental & event venue (weddings, conferences, retreats) & is a 5-Star rated listing on Airbnb & VRBO.

Listed by Brian Etheridge of Carolina Mountain Sales

$
$
%
$/month over payments
Federal 30-year interest rate: 3.81% last updated on Jul 18, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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20 Maryfield Road Fairview NC 28730

Price$1,895,000

Est. Mortgage: $/month

Pending

MLS Number 3478657

  • MultiFamily Multi-Family
  • Year Built 2008
  • Square Feet 17920

High rental demand in the heart of Fairview, close to Asheville . 8 two story duplexes with two bedrooms and one and one half bathrooms each. Built in 2006-2008 and first time on market. Some rents have not been raised in years. Drive by's okay but please don't disturb tenants. Agent can arrange showing apartment to interested buyers. Agent must accompany showings.

Listed by Allen Helmick of Cool Mountain Realty

$
$
%
$/month over payments
Federal 30-year interest rate: 3.81% last updated on Jul 18, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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40 Buffalo Street Asheville NC 28806

Price$1,600,000

Est. Mortgage: $/month

MLS Number 3530483

  • MultiFamily Multi-Family
  • Subdivision None
  • Year Built 2012
  • Square Feet 12500
  • Lot Description Green Area, Level

Offered for sale are seven residential investment duplex units and one single-family home totaling 12,500 SF. Properties are located in the popular and growing area of West Asheville, offering convenient access to the bustling commercial corridor and downtown Asheville. All seven duplexes were constructed in 2013-2014. Duplexes are all a mix of 3/2 and 1/1. Fully leased and in demand. Rent schedule and profit and loss information available with signed non-disclosure agreement.

Listed by Burns Aldridge of Ellington Realty Group

$
$
%
$/month over payments
Federal 30-year interest rate: 3.81% last updated on Jul 18, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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6 E Top Drive Swannanoa NC 28778

Price$1,594,000

Est. Mortgage: $/month

MLS Number 3527900

  • MultiFamily Multi-Family
  • Year Built 9999

Attention investors! Premier 24 unit mobile home park and an on-site triplex located 10min from downtown asheville, minutes from I-40, just off of US Hwy 70. Current potential rental income is $184,800. Owner has meticulously maintained financials. Municipal water/sewer with all utilities separately metered and paid by tenants. There is a history of high occupancy and current leases are well documented. Owner will consider selling the park as a pad-only park and retain ownership of the mobile homes and the triplex would convey with the property. Purchase price for this transaction would be $1,279,000. See Youtube video, rent roll, P&L, proforma, and mobile home inventory list in attachments. Owner has another 21 unit park with 2 stick-built homes located .8 miles away and selling for $1,450,800. Search it as 2 Sherwood Park Dr.

Listed by Karl Nelson of NAI Beverly-Hanks

$
$
%
$/month over payments
Federal 30-year interest rate: 3.81% last updated on Jul 18, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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365 Lynn Cove Road Asheville NC 28804

Price$1,590,000

Est. Mortgage: $/month

MLS Number 3422619

  • MultiFamily Multi-Family
  • Subdivision None
  • Year Built 1979
  • Square Feet 6042
  • SpecialListingConditions SUBJECT TO LEASE

This mountain oasis consists of 3 homes on 11+ private acres. Located in a sought after North Asheville neighborhood, it is just a 10 minute drive to both downtown and the Blue Ridge Parkway. Offering the best of both worlds with the option to indulge in city life or escape into nature. The three dwellings include an estately 4 bedroom/3 bath log home, a modern 2 bedroom/2 bath loft over the garage, and a 2 bedroom/1 bath farmhouse at the front of the property. The 11+ acres offer vegetable gardens, a large open field, over 2 acres of exquisite Japanese Gardens, walking paths, mountain views, a creek, private woods, and more. This peaceful mountain estate could serve as your family's personal paradise; and/or rental income producing possibilities are endless. Since it is located just outside of Asheville city limits, short-term rentals are permitted. It is difficult to believe that this serene mountain sanctuary is merely 10 minutes from Asheville's vibrant downtown.

Listed by Adam Skoog of Looking Glass Realty LLC

$
$
%
$/month over payments
Federal 30-year interest rate: 3.81% last updated on Jul 18, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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33 Starnes Avenue Asheville NC 28801

Price$1,495,000

Est. Mortgage: $/month

MLS Number 3437257

  • MultiFamily Multi-Family
  • CoListAgent_MUI 28243205
  • Year Built 1919
  • Square Feet 6351

Rare multifamily opportunity in Montford just steps from downtown and the Thomas Wolfe Auditorium, 5 minutes to Greenlife/Whole Foods, breweries, and more. This well kept 11-unit (6 studio apartments, 4 one-bedrooms, 1 two-bedroom) building has remained almost 100% occupied for the past 10 years and with good reason. High ceilings, porches with mountain views, hardwood floors, off-street parking, and laundry in building are just a few of the details that make this a highly sought after location.

Listed by Patrick Johnson and Brian Turner of NAI Beverly-Hanks

$
$
%
$/month over payments
Federal 30-year interest rate: 3.81% last updated on Jul 18, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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5 Lakemont Cottage Trail Flat Rock NC 28731

Price$1,200,000

Est. Mortgage: $/month

MLS Number 3442155

  • MultiFamily Multi-Family
  • CoListAgent_MUI 28243283
  • Year Built 1970
  • Square Feet 9594

Cottage Rental Business. Easy access yet private, in a gorgeous setting of 15+ acres. Comprised of 14 fully-furnished cottage units, two spring-fed ponds, and walking trails to the Green River Gamelands. Five units more conducive to long-term rentals. Nine are being utilized currently as vacation rentals. Would also make a great wellness retreat, or retirement community.

Listed by Steve Dozier and Lesley Rohe of Beverly Hanks & Assoc. Hendersonville

$
$
%
$/month over payments
Federal 30-year interest rate: 3.81% last updated on Jul 18, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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867 Haywood Road Asheville NC 28806

Price$1,175,000

Est. Mortgage: $/month

MLS Number 3496361

  • MultiFamily Multi-Family
  • Year Built 1925
  • Square Feet 2468

Permitted for short-term rentals - great income potential! Located on booming Haywood Road in popular West Asheville. This historic 2-story brick building has been completely gutted and restored while retaining its charming details! Recent high-end renovation includes 2 new heat pumps and 2 electrical meters for each unit. 2 gracious livable units with loads of character. 2 Large stunning kitchens, metal roof, new windows, new plumbing and high-end appliance package. Unit-101 is a 1BR/1BA with amazing view from its wraparound balcony. Unit-201 is a 2BR/1BA with incredible views from the kitchen and balcony. Offering includes additional PIN#9638-05-5686, a 0.38 acre level building lot zoned HR-3. Lot has great potential for row houses, mixed use or apartments. Plans for a restaurant with roof deck on additional lot convey with permits already in place with the City of Asheville. See brochure for details. Zoning allows for commercial, restaurant, or mixed-use.

Listed by Scott Carter of The Real Estate Center

$
$
%
$/month over payments
Federal 30-year interest rate: 3.81% last updated on Jul 18, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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