2147 Brevard Rd., Arden, NC 28704

2147 Brevard Rd., Arden, NC 28704
Photo 1 of 21
$2,800,000
Beds Baths Sq. Ft. Taxes Built
0.00 12,372 0 1998
On the market: 21 days

Est. Monthly Payment:

$16,766($16,766 + $0 taxes*)

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APPROVED
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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