Investment Property

MLS Number 3490279

• Commercial
• Acreage 28.3
• SpecialListingConditions SUBJECT TO LEASE

28.3 acres for redevelopment and/or investment; 79,000 + industrial/warehouse buildings fully leased; approximately 11.59 acres zoned River; 1.1 acre zoned Light Industrial (LI); approximately 15.61 acres zoned RS-8; floodway for Ross Creek and Swannanoa River are on the property; NDA required for release of financials

Listed by Robert Boylan and John Webb of NAI Beverly-Hanks

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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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MLS Number 3467404

• Commercial
• Year Built 1973
• Units 1
• Square Feet 121813
• Acreage 11.12

Great Investment Opportunity with fully leased building with long term anchor tenant. This facility has been 100% leased since 2016. North Asheville/Weaverville area. Easy access to future I-26. Multiple tenant facility with office, warehouse, & production areas. Heavy power, compressed air lines, covered loading area. Owner has completed many upgrades to the improvements since purchasing in 2014. Upgrades include a two new restrooms, front office renovations, new HVAC unit, 9 new gas hanging heaters, T-8 lighting retro kits installed, and entire roof now has hydrostop roofing system.

Listed by Donna Logan of Cornerstone Real Estate Cons.

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MLS Number 3394885

• Commercial
• Year Built 1961
• Units 2
• 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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MLS Number 3485383

• Residential Single Family
• Property Style Log,Wood 2 Story
• Year Built 2004
• Bathroom 2
• Full Bath 1

Spanning 84 spectacular acres, Barnhill Mountain is a rare large tract opportunity overlooking the Cane Creek Valley & Fairview - one of Western NC's most sought after areas. The acreage offers the opportunity to quite literally own your private mountain side, complete w/ an established roadbed network for easy access throughout. Natural features include a mature hardwood forest, springs, abundant wildlife, private ridge line, & incredible views from virtually anywhere on the property. Approx 2 acres in pasture w/ complete privacy. Tucked away at the end of your private driveway, the authentic log cabin was built from logs harvested on the property & hand hewn by axe by a local master craftsman. This versatile investment opportunity holds excellent potential for a savvy buyer to realize much long-term value. Uses include estate home(s), boutique subdivision (10 lot plan on file), horse/equestrian use, hobby farm, rental properties, recreation, timber, conservation, or any combination.

Listed by Collin O'Berry of Keller Williams Professionals

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MLS Number 3361131

• Commercial
• Year Built 1977
• Units 1
• 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 Richard Whitney of Whitney Commercial Real Estate

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MLS Number 3411817

• Residential Single Family
• Year Built 2019
• Bathroom 4
• Full Bath 3
• Half Bath 1

The Valley View is a uniquely designed home that has all the amenities and features that are worthy of the Southcliff Community. Quality construction and energy efficiency are the key ingredients that will make this home an investment of a lifetime. This 5-bedroom, 3 1/2 bath home has 2507 SF of heated space on the main level and a finished space of 1106 SF on the lower level. A large outdoor deck and spacious covered porch will insure that nature's best is just a footstep away. City water not yet connected. Taxes to be determined.

Listed by Karen King-Smith of Beverly-Hanks, Executive Park

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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 8268 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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MLS Number 3512424

• MultiFamily Multi-Family
• Year Built 1950
• Square Feet 5952

Fantastic Investment Opportunity! This six unit apartment in Grove Park includes hardwood floors, central air or mini splits in all units and a six-car carport. This property has been carefully maintained and has a history of 100% occupancy. Current lease rates are below market. Showings by appointment only.

Listed by Roy Borden of NAI Beverly-Hanks

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MLS Number 3522591

• MultiFamily Multi-Family
• Year Built 1997
• Square Feet 3078

Do not miss out on this rare investment opportunity! Strong rental history with 3 income producing homes. In addition to the three homes, the property also has 9 acres of gently sloped, beautiful, build-able land. These rolling acres have a spring fed pond, a mountain view, additional building spots, and they are only 14 miles to downtown Asheville. The homes include a very nice 1997 modular with 3 bedrooms and 2 baths, a site built home with 1 bedroom and 1 bath, as well as a mobile home that has 2 bedrooms and 1 bath. A road has been rough cut to access the back portion of land where there are several places for home sites. This rolling cleared area has a view of mount Pisgah and limitless possibilities. Open use zoning/county taxes gives you the freedom to choose whether to subdivide, create a horse farm, or keep the acres as they currently are. so many possibilities! Please inquire with any questions. Homes currently occupied by tenants. Buyer to verify subdivision.

Listed by Ciera Carolan of Up Mountain Realty LLC

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MLS Number 3527392

• Commercial
• Year Built 1997
• Units 3
• Square Feet 3078
• Acreage 9

A Developers dream - Do not miss out on this rare investment opportunity! Strong rental history with 3 income producing homes. In addition to the three homes, the property also has 9 acres of gently sloped, beautiful, build-able land. These rolling acres have a spring fed pond, a mountain view, additional building spots, and they are only 14 miles to downtown Asheville. The homes include a very nice 1997 modular with 3 bedrooms and 2 baths, a site built home with 1 bedroom and 1 bath, as well as a mobile home that has 2 bedrooms and 1 bath. A road has been rough cut to access the back portion of land where there are several places for home sites. This rolling cleared area has a view of mount Pisgah and limitless possibilities. Open use zoning/county taxes gives you the freedom to choose whether to subdivide, create a horse farm, or keep the acres as they currently are. so many possibilities! Homes currently occupied by tenants. Buyer to verify subdivision.

Listed by Ciera Carolan of Up Mountain Realty LLC

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MLS Number 3450952

• Commercial
• Year Built 2002
• Units 5
• Square Feet 770
• Bathroom 4

Excellent investment opportunity. 80 unit self storage with 5x10 to 10x30 plus 4 climate controlled offices with bath. All paved, security system, very low vacancy. 8.4% cap rate. A clean, well maintained property.

Listed by Norval Hensley of Century 21 Mtn Lifestyles N

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MLS Number 3511041

• Residential Single Family
• Year Built 1981
• Bathroom 4
• Full Bath 4
• Bedrooms 4

Great investment opportunity. Currently used as Vacation Rental Property, a total of 4 one bed/one bath vacation rentals on .95 acres near Biltmore Park in Avery Creek. All units are listed on VRBO with great rental history and excellent reviews. Fully furnished and equipped. Live in one and rent out the others or rent all. Private entrance, ample parking, owners closets in all units they are updated and in great condition. Fantastic income with excellent reviews and proven history available upon request. Ideal location, close to Biltmore Park, Arboretum, Blue Ridge Pkwy and I-26, 15 minutes to downtown Asheville. Detailed info revenue and expenses can be supplied upon request. No drive-bys, by appointment only, the agent must accompany for showings. Seller is a SC Licensed Real Estate Broker.

Listed by Camilo Monroy of Beverly-Hanks, South

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MLS Number 3511023

• MultiFamily Multi-Family
• Subdivision None
• Year Built 1981
• Square Feet 2820
• Lot Description Wooded

Great investment opportunity. Currently used as Vacation Rental Property, a total of 4 one bed/one bath vacation rentals on .95 acres near Biltmore Park in Avery Creek. All units are listed on VRBO with great rental history and excellent reviews. Fully furnished and equipped. Live in one and rent out the others or rent all. Private entrance, ample parking, owners closets in all units they are updated and in great condition. Fantastic income with excellent reviews and proven history available upon request. Ideal location, close to Biltmore Park, Arboretum, Blue Ridge Pkwy and I-26, 15 minutes to downtown Asheville. Detailed info revenue and expenses can be supplied upon request. No drive-bys, by appointment only, the agent must accompany for showings. Seller is a SC Licensed Real Estate Broker.

Listed by Camilo Monroy of Beverly-Hanks, South

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MLS Number 3483281

• Residential Single Family
• Year Built 1968
• Bathroom 3
• Full Bath 3
• Bedrooms 4

Enjoy single-level living in this wonderfully charming North Asheville home. One of a kind property with artificial waterfall, Koi pond (Koi fish included) and indoor swimming pool! Beautiful renovations. City of Asheville approved Homestay permit for short term rentals - excellent vacation rental or investment property. Current owners average $55k/year in rental income and have an established loyal customer base! Only 15 minutes from downtown Asheville.

Listed by Drew Kitt and Mark Fields of Mark Fields & Associates

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MLS Number 3479798

• Residential Single Family
• Year Built 1983
• Bathroom 3
• Full Bath 2
• Half Bath 1

Enjoy the best of both worlds! This house is set back off the main road with 9 acres as the back yard. There is a small barn above house which could house 1 or 2 animals. All the perks of country living with only a short drive to downtown Asheville. At its peak the property backs up to Reynolds at Mountain and along the left borders Versant. The house has tenants with a strong lease in place until 2020. Great investment opportunity!

Listed by Danielle Thuot of Beverly-Hanks, Executive Park

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MLS Number 3515365

• Residential Single Family
• Year Built 1941
• Bathroom 2
• Full Bath 2
• Bedrooms 3

Ideal vacation rental property featuring two cottages on a private 1.8ac within minutes of the Blue Ridge Parkway, NC Arboretum, Pisgah National Forest, and countless other options for outdoor recreation. Less than 15 minutes to Downtown Asheville makes this property the perfect home base for tourists visiting the area. Convenient access as you are only minutes from I26, I40 and less than 10 minutes from Asheville Regional Airport. This prime location makes this the perfect home base for vacationers and in return an amazing investment opportunity. Currently being used as an active vacation rental investment. Features gentle topography for redevelopment options as well. Contact listing agent directly for all showings.

Listed by Jim Davis of NAI Beverly-Hanks

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MLS Number 3515340

• Commercial
• Year Built 1941
• Units 3
• Acreage 1.8

Ideal vacation rental property featuring two cottages on a private 1.8ac within minutes of the Blue Ridge Parkway, NC Arboretum, Pisgah National Forest, and countless other options for outdoor recreation. Less than 15 minutes to Downtown Asheville makes this property the perfect home base for tourists visiting the area. Convenient access as you are only minutes from I26, I40 and less than 10 minutes from Asheville Regional Airport. This prime location makes this the perfect home base for vacationers and in return an amazing investment opportunity. Currently being used as an active vacation rental investment. Features gentle topography for redevelopment options as well. Contact listing agent directly for all showings. Cottage #1 is 1,243 sqft, Cottage #2 is 376 sqft, and garage is 600 sqsft.

Listed by Jim Davis of NAI Beverly-Hanks

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MLS Number 3536194

• Commercial
• Year Built 2019
• Units 1
• Square Feet 1938

Exciting Live/Work Opportunity in one of Asheville's coolest neighborhoods - Beacham's Curve! Out of 10 units being built, we have 2 left available For Sale. Both Live/Work units are available in the Beacham West building, located across from Ambrose West. Each unit has 2 floors. A variety of commercial uses are allowed in the 732 SF lower level unit. The 1,206 SF upper unit is zoned for residential use only. Work below and live above! Or, make an investment in the neighborhood and rent out one or both units. The upstairs has a cool loft feel and features a large, open living space with a full bath and large bedroom and a balcony. The commercial space below is wide open and has an ADA compliant restroom. Finish upgrades available! See attached brochure for more details. Beacham West is aimed for completion in September. Contact Agents for more information!

Listed by Jessica Auge and James Diaz of Covestar Investment Realty

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MLS Number 3536195

• Commercial
• Year Built 2019
• Units 1
• Square Feet 1938

Exciting Live/Work Opportunity in one of Asheville's coolest neighborhoods - Beacham's Curve! Out of 10 units being built, we have 2 left available For Sale. Both Live/Work units are available in the Beacham West building, located across from Ambrose West. Each unit has 2 floors. A variety of commercial uses are allowed in the 732 SF lower level unit. The 1,206 SF upper unit is zoned for residential use only. Work below and live above! Or, make an investment in the neighborhood and rent out one or both units. The upstairs has a cool loft feel and features a large, open living space with a full bath and large bedroom and a balcony. The commercial space below is wide open and has an ADA compliant restroom. Finish upgrades available! See attached brochure for more details. Beacham West is aimed for completion in September. Contact Agents for more information!

Listed by Jessica Auge and James Diaz of Covestar Investment Realty

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MLS Number 3518512

• Residential Single Family
• Year Built 2015
• Bathroom 3
• Full Bath 2
• Half Bath 1

Move to one of the best investment neighborhoods in Asheville - Montford Hills! Income producing ST rental w/ Homestay approval that's walkable to DT Asheville. Priced under recently sold neighboring home, this stunning JADE Mountain Builders/Brent Campbell project is priced to sell! 4BD/2.5 BA, split bedroom layout, filled w/ picture windows & natural light. With a treehouse feel, you are surrounded by large undeveloped acreage, historic Montford homes, & new Green Built homes. Custom features incl. locally harvested live edge walnut & poplar trim & bartop. Floors are gleaming white oak, tile, & stained concrete. Enjoy low VOC paints, on demand hot water, & low maintenance landscape. Open floor plan incl. chef's kitchen w/ Bosch appliances & cherry cabinets. Owners added 4th bedroom, incredible outdoor deck, & fenced yard. Two basement bedrooms w/ full bath have private entry for great ST rental potential! Enjoy city living & all Asheville has to offer with this amazing home!

Listed by Steph Cochran of Mosaic Community Lifestyle Rea

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MLS Number 3492657

• MultiFamily Multi-Family
• CoListAgent_MUI 43804130
• Subdivision None
• Year Built 1965
• Square Feet 3158

Stunning setting with AMAZING MOUNTAIN VIEWS! This is a special opportunity for a beautiful primary residence that offers income potential through 3 separate apartments! This property includes a 2-story house w/ basement, a 2-story building with TWO 2-bedroom apartments and a 1-story single bedroom cottage. Highlights include an in-ground swimming pool and asphalt pad for tennis, basketball and more. Adjacent vacant lot offers room to grow or assurance to protect privacy. Unlimited potential awaits! Potential uses include Bed and Breakfast, compound living or just additional investment income! Ideally located next to the beautiful Pisgah View Ranch with 1600 acres of scenic bliss and a variety of fun activities/accommodations. Enjoy life in this resplendent rural location convenient to local amenities, interstate and Blue Ridge Parkway. 3 parcels; 3 PINs.

Listed by Josh Mishoulam and Matt Tavener of Keller Williams Professionals

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MLS Number 3538741

• Residential Single Family
• Property Style Log 1 Story
• Year Built 1950
• Bathroom 2
• Full Bath 2

AIR BnB AMAZING INVESTMENT WITH OVER $48,000 VERIFIABLE INCOME AND 5 STAR RATING SUPER-HOST WITHOUT PAYING CITY TAXES! 8.5 MILES FROM TRENDY WEST ASHEVILLE AND 10 MILES FROM THE CHIC DOWNTOWN OF ASHEVILLE! Seller is looking to downsize and this could open an outstanding investment opportunity for you-This 1950 true charming log home has been updated throughout with a cool modern feel-Professional decorated and all furnishings to convey, ready to go for making money. Extras include new kitchen w/stainless appliances, foyer w/storage and entertaining area, sunroom, new baths, dry crawl space perfect for storage, exterior offers tons of entertaining area w/hot tub and amazing mtn views and private changing room. Double barn perfect for hobbies & projects, rolling wooded land and trails with infrastructure all ready in place throughout property for expansion or dream home. Place for RV, and outside area perfect for wedding venue, livestock or anything else you can imagine.

Listed by Connie Carver of Wolf Mountain Realty, Inc.

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MLS Number 3517425

• Residential Single Family
• Year Built 1928
• Bathroom 2
• Full Bath 2
• Bedrooms 4

Fantastic investment opportunity in Beaverdam! Two homes on one huge, flat lot bordered in the back by Beaverdam Creek. Lots of options here, live in one and use other as guest house, live/rent or simply rent both! Front house is a well kept, 2 bed/1 bath classic, 1920's bungalow with all the original charm. Wood floors and trim, fireplaces, covered front porch with swing, fully fenced front yard and an enclosed sunroom in the back. House has an updated electric panel, natural gas furnace, updated bathroom and kitchen with stainless appliances and new paint throughout. Back house is also a 2 bedroom 1 bath, cozy cottage with a nice little front porch and an incredible back yard. The extra large lot provides a fantastic space for kids to play, gardening, and entertaining. All this within minutes of downtown, Beaver Lake and Weaverville. Also being marketed as a multi-family MLS #3520652. Back property is located in flood plain, owner currently carries flood insurance.

Listed by Sean Mack and Mike Miller of Town and Mountain Realty

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