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      Investment Property

      The investment property market is alive and well here in the Asheville NC area. Asheville North Carolina continues to be a place that people come from all over to vacation, purchase homes, find land or to pick out that perfect piece of real estate. Contact Green Mountain Realty or call us at (828)-215-9064 for all of your rental homes or rental home real estate needs here in the Asheville area.Asheville Rental Homes

      120 Swannanoa River, Asheville, NC 28805

      Price$7,775,000The price has recently decreased

      MLS Number 3357864

      • Commercial
      • Year Built 1952
      • Acreage 28.3
      • SpecialListingConditions SUBJECT TO LEASE

      28.3 acres along the Swannanoa river between Biltmore and Tunnel Road. Multiple PIN numbers. 9648925075, 9648923283, 9658028327, 9658024614. Includes 208 Swannanoa River Road and TBD Residential. Warehouses and light industrial as well as Residential and River zoning. All buildings currently tenant occupied. Investment or Development possibilities abound. Some building square footage estimated.

      Listed by Dennis Foley and David Yontz of Foley Realty Inc

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      Price Down Payment Interest Rate Years
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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.62% last updated on 2018-06-14

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      8 Village, Asheville, NC 28803

      Price$5,550,000The price has recently decreased

      Est. Mortgage: $/month

      MLS Number 3335396

      • MultiFamily Multi-Family
      • Square Feet 19364
      • Year Built 1931
      • Zoning Institutional

      Rare development & 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 a development pad where owner was permitted 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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      Price Down Payment Interest Rate Years
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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.62% last updated on 2018-06-14

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      8 Village, Asheville, NC 28803

      Price$5,550,000The price has recently decreased

      MLS Number 3242509

      • Commercial
      • Year Built 1931
      • Units 1
      • Square Feet 19364
      • Bathroom 17.5

      Rare development and 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 a development pad where owner was permitted 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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      Price Down Payment Interest Rate Years
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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.62% last updated on 2018-06-14

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      253 & 271 Tunnel, Asheville, NC 28805

      Price$3,870,000The price has recently decreased

      MLS Number 3394885

      • Commercial
      • Units 2
      • Year Built 1961
      • Square Feet 14964
      • Acreage 1.54

      Excellent investment with upside potential. Great location in regional shopping area with high traffic count. Shopping center with new roof and busy Chili's restaurant with no landlord responsibilities. Call listing agent for full rent roll. Additional PIN 9658-16-3317-00000.

      Listed by Debbie Lane of NAI Beverly-Hanks

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.62% last updated on 2018-06-14

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      333 Gashes Creek, Asheville, NC 28803

      Price$2,535,860The price has recently decreased

      Pending

      MLS Number 3350628

      • Commercial
      • Units 2
      • Year Built 1995
      • Square Feet 15817
      • Acreage 2.14

      Incredible medical investment opportunity! 8.71% Cap Rate on $220,965 NOI. Long term national credit tenant in place since 2013. 100% leased property including additional apartment building. Main tenant signed new 5 year NNN lease in October 2017. 2.14 acre site may allow for expansion, additional development. Easy Access right at I-40 interchange. Adjacent to I-40 interchange to Fairview and Downtown Asheville.

      Listed by Jason Burk of Whitney Commercial Real Estate

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.62% last updated on 2018-06-14

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      5 Rockcliff, Asheville, NC 28801

      Price$1,950,000The price has recently decreased

      MLS Number 3337841

      • Commercial
      • Units 1
      • Year Built 1988
      • Bathroom 6
      • Acreage 1.02

      Unique & Attractive 8,183sf Medical Office Building on 1.02 Acres in the Heart of Asheville's Medical District. Now Available For Sale or For Lease! Ample Parking w/ Separate Lots for Staff and Patrons. 6 Restrooms (5 Lavatory & 1 Full w/ Shower). Excellent Access to site, w/ access from Choctaw Street, Biltmore Avenue, Doctor's Park and Hamilton Street. Attractive Atrium Lobby with Wood Ceilings & Fireplace, 2 Weather-Secure Entry/Exits and Balcony/Deck on 2nd Floor of Building. Excellent property for Owner/Operator or Investment!

      Listed by James Diaz of Covestar Investment Realty

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      Price Down Payment Interest Rate Years
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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.62% last updated on 2018-06-14

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      20 Brookdale, Asheville, NC 28804

      Price$1,550,000The price has recently decreased

      Pending

      MLS Number 3366954

      • Commercial
      • Units 4
      • Year Built 1985
      • Square Feet 13440
      • Acreage 1.38

      Excellent Investment-Income Opportunity in Asheville. 4 Bldg - 16 Unit Apartment Complex on the edge of Asheville and Woodfin. Each of the 16 units is 2 bedrooms, 1 full bathroom, kitchen, living & dining rooms. All 4 bldgs had new roof in 2009, new water heaters, upgraded kitchens (cabinets, appliances, counters, light fixtures, etc). Set on 1.38 Acres with city utilities and Ultra Convenient Location with quick access to interstate, UNCA and North and West Asheville.

      Listed by Bob MacKay and David Lee of Keller Williams Mtn Partners

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      Price Down Payment Interest Rate Years
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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.62% last updated on 2018-06-14

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      20 Brookdale, Asheville, NC 28804

      Price$1,550,000The price has recently decreased

      Est. Mortgage: $/month

      Pending

      MLS Number 3379332

      • MultiFamily Multi-Family
      • CoListAgent_MUI 28245958
      • Square Feet 13440
      • Year Built 1985

      Excellent Investment-Income Opportunity in Asheville. 4 Bldg - 16 Unit Apartment Complex on the edge of Asheville and Woodfin. Each of the 16 units is 2 bedrooms, 1 full bathroom, kitchen, living & dining rooms. All 4 bldgs had new roof in 2009, new water heaters, upgraded kitchens (cabinets, appliances, counters, light fixtures, etc). Set on 1.38 Acres with city utilities and Ultra Convenient Location with quick access to interstate, UNCA and North and West Asheville.

      Listed by David Lee and Bob MacKay of Keller Williams Mtn Partners

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      Price Down Payment Interest Rate Years
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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.62% last updated on 2018-06-14

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      33 Starnes, Asheville, NC 28801

      Price$1,495,000The price has recently decreased

      Est. Mortgage: $/month

      MLS Number 3387407

      • MultiFamily Multi-Family
      • Subdivision Montford
      • Square Feet 6351
      • Year Built 1919
      • Lot Description Level

      Rare opportunity! 11 unit building in a sweet location of Montford, just 3 blocks to downtown and shopping. This building has stayed at 100% for more than 10 years, and has a great feel about it. Units are a mixture of studios, 1 & 2 bedrooms. HW floors, high ceilings, open porches, and great parking on and off Street. Gross income of over $120K a year and an NOI around $95K. New owner can instantly increase NOI, and there's potential to increase rents with little effort. This is an excellent investment, in an awesome location, with huge potential.

      Listed by Brent Allen of Keller Williams Professionals

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.62% last updated on 2018-06-14

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      32 Old Brevard, Asheville, NC 28806

      Price$1,479,900The price has recently decreased

      MLS Number 3361131

      • Commercial
      • Units 1
      • Year Built 1977
      • Square Feet 24086
      • Acreage 3.48

      The property is a 24,086 SF office/warehouse facility on 3.48 acre site. Main floor comprises 21,969 SF, which includes office areas of 5,442 SF plus breakroom and restrooms (570 SF), and a warehouse area of 15,957 SF. Upstairs conference, office, loft and storage is 2,117 SF. Built in 1977 and modified in 2002. The entire building is centrally heated and air-conditioned. Of the 3.48 acre site, 0.58 acre is excess land. Anticipated development in the area and key location indicates strong upside potential as a long-term investment.

      Listed by Keith Frierson of Whitney Commercial Real Estate

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.62% last updated on 2018-06-14

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      2161 Hendersonville, Asheville, NC 28704

      Price$1,399,000The price has recently decreased

      Pending

      MLS Number 3365233

      • Commercial
      • Units 1
      • Year Built 1988
      • Acreage 0.95
      • SpecialListingConditions SUBJECT TO LEASE

      Medical/Office Investment For Sale. 10,000+/- SF Class C, Multi-Unit Office Building For Sale. Highly visible, on one of Asheville's primary commercial corridors, with 24,000 vehicles per day. 100% leased to 7 Tenants. Property is offered below assessed tax value at a 7.67% CAP on Current NOI of $107,328. Brand new 3-year, NNN Lease to Mission Hospital of 28% of GLA. Prime location with stabilized tenancies, providing affordable professional office solutions.

      Listed by Chris Gragtmans and James Diaz of Covestar Investment Realty

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.62% last updated on 2018-06-14

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      5 All Souls, Asheville, NC 28803

      Price$1,375,000The price has recently decreased

      MLS Number 3394219

      • Commercial
      • Units 1
      • Year Built 1895
      • Acreage 0.14

      BILTMORE VILLAGE Now Available for Sale Fully Leased - New 5-year Lease begins July 1, 2018 with one 5-year option. Unit is currently being renovated for new tenant. Upper Unit is a VRBO. Great Investment Property in Biltmore Village with a new 5-year retail lease and the top floor being leased through VRBO. Great Income, great location with street and private parking. VRBO has a private entrance and private parking.

      Listed by Paul Ellis of Pulliam Properties, Inc

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.62% last updated on 2018-06-14

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      950 Tunnel, Asheville, NC 28805

      Price$1,300,000The price has recently decreased

      MLS Number 3404154

      • Commercial
      • Year Built 1960
      • Units 1
      • Square Feet 8015
      • Acreage 0.62

      Multi tenant medical dental office building on busy Tunnel Rd. Property is comprised of .62 acres with an 8015 SF building with 4 distinct suites. Two standard medical office suites with waiting room, offices, exam rooms and lab spaces. One suite is built as a dental office and one is retail orientated. 33 parking spaces, large monument signage and hard corner traffic light on Tunnel Road make this property an excellent investment opportunity.

      Listed by Austin Walker of Whitney Commercial Real Estate

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.62% last updated on 2018-06-14

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      48 Hallett, Asheville, NC 28803

      Price$1,263,000The price has recently decreased

      Est. Mortgage: $/month

      MLS Number 3368991

      • Residential Single Family
      • Property Sub Type 1 Story Basement
      • Bathroom 4
      • Square Feet 4353
      • Year Built 2018

      The Trails End House is a uniquely designed residence that has all the amenities and features worthy of the Ramble community. Ample square footage and an open floor plan will fit everyone's needs. Whether retiring or raising a family, this home suits every chapter of life! Quality construction and energy efficiency are the key ingredients that will make this home the investment of a lifetime. This 5-bedroom, 3.5 bath residence has 2274 SF of heated space on the main level, 1647 SF of finished space on the lower level with additional areas for dry storage and 432 SF on the upper level. Particular attention was considered when designing the outdoor areas of the home. A large outdoor deck and spacious covered porch will insure that nature's best is just a footstep away. Matthews Custom Built Homes is an established builder of fine custom homes in Western NC. Their commitment is to building the highest-quality homes, while providing excellent customer service and satisfaction.

      Listed by Mark Taylor of Beverly-Hanks, Ramble

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.62% last updated on 2018-06-14

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      12 & 39 Davida, Asheville, NC 28806

      Price$1,100,000The price has recently decreased

      Est. Mortgage: $/month

      Pending

      MLS Number 3306251

      • MultiFamily Multi-Family
      • Zoning Residential

      Great 31 unit mobile home park in Asheville. Green and beautiful environment. Excellent paved roads throughout the park. Mix of park owned and tenant owned units. Sale includes 3 parcels-13 acres. 2 parcels accessed by Davida Drive and one off of Dix Creek Chapel(Lillian Lane). Good investment now - huge future potential.

      Listed by George Lycan of Keller Williams Professionals

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.62% last updated on 2018-06-14

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      12 & 39 Davida, Asheville, NC 28806

      Price$1,100,000The price has recently decreased

      Pending

      MLS Number 3306244

      • Commercial
      • Acreage 13.43
      • Zoning Residential

      Great 31 unit mobile home park in Asheville. Green and beautiful environment. Excellent paved roads throughout the park. Mix of park owned and tenant owned units. Sale includes 3 parcels-13 acres. 2 parcels accessed by Davida Drive and one off of Dix Creek Chapel(Lillian Lane). Good investment now - huge future potential.

      Listed by George Lycan of Keller Williams Professionals

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.62% last updated on 2018-06-14

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      82 Old Mars Hill, Weaverville, NC 28787

      Price$979,227The price has recently decreased

      MLS Number 3203977

      • Commercial
      • Units 8
      • Year Built 1997
      • Acreage 3.16

      Great investment in storage units in the Weaverville area. This includes 100 storage units with room for more on this 3.16 acres of land. 1 acres is cleared and ready for more storage units. Visible from I-26 and just off of exit 17. 8 buildings consisting of 14-5x10 units, 61-10x10 units, 22-10x20 units, 3-20x24 units and space for RV/Camper storage sites.

      Listed by Debra Marshall of Century 21 Mountain Lifestyles

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.62% last updated on 2018-06-14

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      6 Deerborne, Weaverville, NC 28787

      Price$925,000The price has recently decreased

      Est. Mortgage: $/month

      MLS Number 3331180

      • MultiFamily Multi-Family
      • Subdivision None
      • Square Feet 4596
      • Year Built 2009

      Development opportunity! Laurel Mountain Retreat has 5 cabins on 15+ acres in Weaverville & only 12 minutes to Asheville.Cabins are fully furnished with hot tubs, HVAC, washer/dryer & porches. 2+years vacation rental history;managed by Carolina Mornings. Easy to access & close to outdoor recreation makes them desirable for vacation rental & investment opportunity. Development plan for 15+ add'l cabins is available. Waste treatment system to serve 20+ cabins is installed. Mobile home has safety issues and conveys as-is with no value.

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

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.62% last updated on 2018-06-14

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      6 Deerborne, Weaverville, NC 28787

      Price$925,000The price has recently decreased

      MLS Number 3298049

      • Commercial
      • Year Built 2009
      • Units 6
      • Acreage 15.9

      Development opportunity! Laurel Mountain Retreat has 5 cabins on 15+ acres in Weaverville and only 12 minutes to Asheville. Cabins are fully furnished with hot tubs, HVAC, washer/dryer and porches. 2+years vacation rental history; managed by Carolina Mornings. Easy to access and close to outdoor recreation makes them desirable for vacation rental and investment opportunity. Development plan for 15+ add'l cabins is available. Waste treatment system to serve 20+ cabins is installed. Mobile home has safety issues and conveys as-is at no value.

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

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.62% last updated on 2018-06-14

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      60 Lance, Candler, NC 28715

      Price$820,000The price has recently decreased

      Est. Mortgage: $/month

      MLS Number 3399293

      • Residential Single Family
      • Property Sub Type 2 Story
      • Year Built 2000
      • Bathroom 3
      • Bedrooms 2

      Over 60 acres with beautiful long range, layered, year round views. Many buildable spots. No restrictions, could subdivide. Great investment opportunity or buy for your own private retreat! Two homes on property and large barn. Rondette home built in 2000, older home built in 1950 needs renovation. Less than 10 minutes to Candler ammenities. Within 20 minutes of Asheville, within 30 minutes of downtown Asheville!

      Listed by Clarissa Marshall and Rowena Patton of EXP REALTY LLC

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.62% last updated on 2018-06-14

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      103 Mills Gap, Asheville, NC 28803

      Price$689,000The price has recently decreased

      MLS Number 3336389

      • Commercial
      • Acreage 5.46
      • Zoning Residential Acreage

      Attention all Developers... Investment Opportunity approximately 5 acres on Mills Gap located just off of Sweeten Creek. High Density multifamily Zoning. This property is county zoned R2 which allows up to 12 units/acre. Price also includes PIN 9655-43-5928 located in the city and is zoned RM 16 which allows up to 16 units/acre. New city slope ordinance will limit this lot to approximately 11 units/acre. Mobile home and outbuildings of little value.

      Listed by Terry Carpenter of J D Jackson Associates, Inc.

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.62% last updated on 2018-06-14

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      891 Haywood, Asheville, NC 28806

      Price$675,000The price has recently decreased

      Est. Mortgage: $/month

      Pending

      MLS Number 3352532

      • MultiFamily Multi-Family
      • Subdivision West Asheville
      • Square Feet 3300
      • Year Built 1928
      • Lot Description Paved Frontage

      Prime Location in West Asheville!!! Zoned Commercial. Investment Income producing property with past and current rental history. Featuring 5 private apartment units. One unit is still currently under renovation. Two units on lower level and 3 are located on second floor with a separate entrance. This house has Character! Roof is approximately 3 years New. Hardwood floors, new carpet, new appliances, new kitchen cabinets, freshly painted. Seller is open to owner financing. Walk to shops, dining and entertainment.

      Listed by Nina Kis of Keller Williams Elite Realty

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      Federal 30-year interest rate: 4.62% last updated on 2018-06-14

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      891 Haywood, Asheville, NC 28806

      Price$675,000The price has recently decreased

      Est. Mortgage: $/month

      Pending

      MLS Number 3352525

      • Residential Single Family
      • Property Sub Type 2 Story/Basement
      • Bathroom 5
      • Square Feet 3330
      • Year Built 1928

      Prime Location in West Asheville!!! Zoned Commercial. Investment Income producing property with past and current rental history. Can be converted back to a single family home. Current use Featuring 5 private apartment units. One unit is currently under renovation. Two units are located on lower level and 3 are located on second floor with a separate entrance. This house has Character! Roof is approximately 3 years New. Hardwood floors, new carpet, new appliances, new kitchen cabinets, freshly painted. Seller will consider Owner Financing. Walk to shops, dining and entertainment.

      Listed by Nina Kis of Keller Williams Elite Realty

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.62% last updated on 2018-06-14

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      762 Biltmore, Asheville, NC 28803

      Price$649,000The price has recently decreased

      MLS Number 3190673

      • Commercial
      • Year Built 1973
      • Acreage 0.31

      Property for sale includes a 5-year NNN lease with tenant paying $3,000 mo plus NNN with one 5-Year option. Great location close to Biltmore Village and minutes to Memorial Mission Hospital and downtown Asheville. GREAT Investment Opportunity! Tenant is willing to vacate within 6-months and pay month-to-month at $3,500.

      Listed by Paul Ellis of Pulliam Properties, Inc

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      Federal 30-year interest rate: 4.62% last updated on 2018-06-14

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      1 & 15 Zillicoa, Asheville, NC 28801

      Price$634,000The price has recently decreased

      MLS Number NCM560683

      • Commercial
      • Units 3
      • Year Built 1910
      • Square Feet 3127
      • Acreage 0.55

      Two office buildings with multiple tenants in historic Montford/Highland Park. Excellent investment. 1 Zillicoa Street is 2,478 square feet. 15 Zillicoa Street is 649 square feet.

      Listed by Debbie Lane of NAI Beverly-Hanks

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      Federal 30-year interest rate: 4.62% last updated on 2018-06-14

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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