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$2,800,000
| Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
|
0.00 |
12,372 |
0 |
1998 |
|
On the market:
21 days
|
View full details, photos, school info, and price history
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.
Listing courtesy of John Menkes, G/M Property Group