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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

      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
      • Zoning Institutional
      • Modification Date 01/16/2018
      • Year Built 1931

      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: 3.94% last updated on 2017-12-21

      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
      • Square Feet 19364
      • Bathroom 17.5
      • Units 1
      • Acreage 1.93

      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
      %

      Est. Mortgage: $/month

      Federal 30-year interest rate: 3.94% last updated on 2017-12-21

      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$4,950,000The price has recently decreased

      MLS Number 3297543

      • Commercial
      • Square Feet 14964
      • Units 2
      • Acreage 1.54
      • Zoning Commercial

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

      Federal 30-year interest rate: 3.94% last updated on 2017-12-21

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

      48 Biltmore, Asheville, NC 28801

      Price$4,500,000The price has recently decreased

      MLS Number 3350562

      • Commercial
      • Square Feet 13094
      • Units 1
      • Acreage 0.1
      • Year Built 1925

      Prime Downtown Asheville Location. Rare opportunity for commercial investment along with residential condo. Building is fully updated and excellently maintained. All mechanicals updated and building is fully sprinkled. The building's main tenant, Chestnut, is a very well-known and highly successful restaurant. The restaurant and bar occupies the main street level space on Biltmore Avenue, and the new full commercial kitchen is in the basement. The second level offers an expansive open floor plan with skylights, original heart pine flooring, insulated windows at front and back of space, and walkout rooftop area. Roof is fully accessible featuring wood deck, an additional living space with bath, kitchenette, and panoramic downtown views. Additional access at rear alley. Parcel #s 9648-49-5679-C0001, 9648-49-5679-C0002 and 9648-49-5679-00000.

      Listed by Ryan Israel of Ellington Realty Group

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

      Federal 30-year interest rate: 3.94% last updated on 2017-12-21

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

      288 Montford, Asheville, NC 28801

      Price$2,550,000The price has recently decreased

      MLS Number 3284220

      • Commercial
      • Square Feet 5500
      • Bathroom 10
      • Units 2
      • Acreage 0.75

      Surrounded by lush lawns, beautiful gardens, ponds - designed and built by resident architect of Biltmore House, Richard Sharp Smith in 1899 - this enchanting property captures the imagination with its shingled, half-timbered, and pebble-dashed exterior. Hailed as 'Asheville's Finest Boutique Inn' - by Sunday London Times, the profitable Black Walnut Bed and Breakfast Inn, with international accolades, boasts an 8.6% CAP RATE. Beautifully updated - the main home features exemplary craftsmanship, six en-suite bedrooms, eight fireplaces, chef's kitchen, and pristine original detail. Fully renovated and updated carriage house features two en-suite bedrooms each with fireplace and private outdoor space on main level. The upper level, one-bedroom unit is complete with kitchen, living area with fireplace, and outdoor terrace. Incredible furnishings, luxurious appointments, positive cash-flow, and vibrant, walkable, in-town neighborhood location make this turn-key property a great investment.

      Listed by Mike Davis of Ivester Jackson Blackstream

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 3.94% last updated on 2017-12-21

      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

      MLS Number 3350628

      • Commercial
      • Square Feet 15817
      • Units 2
      • Acreage 2.14
      • Zoning Commercial

      Incredible medical investment opportunity! 8.71% Cap Rate on $220,965 NOI. Long term national credit tenant in place since 2011. 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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      Price Down Payment Interest Rate Years
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      Est. Mortgage: $/month

      Federal 30-year interest rate: 3.94% last updated on 2017-12-21

      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
      • Bathroom 6
      • Units 1
      • Acreage 1.02
      • Zoning Institutional

      Unique & Attractive 8,183sf Medical Office Building on 1.02 Acres in the Heart of Asheville's Medical District. 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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      Est. Mortgage: $/month

      Federal 30-year interest rate: 3.94% last updated on 2017-12-21

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

      188 Coxe, Asheville, NC 28801

      Price$1,150,000The price has recently decreased

      MLS Number 3343132

      • Commercial
      • Acreage 0.12
      • Year Built 1950
      • Modification Date 01/16/2018

      INVESTMENT OPPORTUNITY!! This space is fully leased with a 5-year tenant and a 3-year tenant. Located on Coxe Avenue in the Downtown Slope of Asheville. Close to the Mission Hospital System and walk-able to downtown. Great location on a very busy street.

      Listed by Paul Ellis of Pulliam Properties, Inc

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

      Federal 30-year interest rate: 3.94% last updated on 2017-12-21

      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
      • Modification Date 01/16/2018

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

      Federal 30-year interest rate: 3.94% last updated on 2017-12-21

      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
      • Modification Date 01/16/2018

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

      Federal 30-year interest rate: 3.94% last updated on 2017-12-21

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

      3 Eaglebear, Asheville, NC 28806

      Price$1,070,000The price has recently decreased

      Pending

      MLS Number 3288519

      • Commercial
      • Acreage 8.43
      • Zoning Residential
      • Modification Date 01/16/2018

      Wonderful investment opportunity with this MHP in desirable Asheville, NC. 24 mobile home lots. Financial documentation available. Great income potential.

      Listed by Donna Prinz of Keller Williams Professionals

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 3.94% last updated on 2017-12-21

      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
      • Acreage 3.16
      • Year Built 1997
      • Modification Date 01/16/2018

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

      Federal 30-year interest rate: 3.94% last updated on 2017-12-21

      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$875,000The price has recently decreased

      MLS Number 3298049

      • Commercial
      • Units 6
      • Acreage 15.9
      • Year Built 2009
      • Modification Date 01/23/2018

      Development opportunity! Laurel Mountain Retreat has 5 cabins & a manufactured home 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.

      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: 3.94% last updated on 2017-12-21

      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$875,000The price has recently decreased

      Est. Mortgage: $/month

      MLS Number 3331180

      • MultiFamily Multi-Family
      • Subdivision None
      • Square Feet 4596
      • Modification Date 01/23/2018
      • Year Built 2009

      Development opportunity! Laurel Mountain Retreat has 5 cabins & a manufactured home 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.

      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: 3.94% last updated on 2017-12-21

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

      1500 Tunnel, Asheville, NC 28805

      Price$799,000The price has recently decreased

      MLS Number 3318706

      • Commercial
      • Acreage 0.74
      • Zoning Highway Business
      • Modification Date 01/16/2018

      Retail pad available for development on one of Asheville's most desirable commercial corridors. Excellent investment opportunity to purchase a property with good visibility, high traffic counts, and easy access. Pad site is adjacent to the newly approved 86-room TRU by Hilton hotel. Note pad site to be carved from PIN. Taxes reflect entire PIN.

      Listed by Jeremy Goldstein of G/M Property Group

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 3.94% last updated on 2017-12-21

      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$795,000The price has recently decreased

      Est. Mortgage: $/month

      MLS Number 3352532

      • MultiFamily Multi-Family
      • Subdivision West Asheville
      • Square Feet 3442
      • Lot Description Paved Frontage
      • Modification Date 01/22/2018

      Prime Location in West Asheville!!! Zoned Commercial. Investment Income producing property with past and current rental history. Featuring 5 private apartment units. All units currently under renovation. Two units on lower level and 3 are located on second floor with a separate entrance. This house has Character! Hardwood floors, new carpet, new appliances, new kitchen cabinets, freshly painted. 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: 3.94% last updated on 2017-12-21

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

      8 Tranquil Forest, Asheville, NC 28804

      Price$775,000The price has recently decreased

      Est. Mortgage: $/month

      Pending

      MLS Number 3335269

      • Residential Single Family
      • Bathroom 5
      • Square Feet 4275
      • Bedrooms 4
      • Acreage 0.95

      Brand new, modern home in Asheville's all-season community, Serenity. Located only minutes to downtown Asheville, enjoy year-round mountain views & privacy without being secluded. Experience luxury mountain living at its finest with soaring cathedral ceilings, floor to ceiling windows, quartz countertops, stainless upscale appliances, clean lines throughout. 7-Day short term rental opportunity allows for a return on investment!

      Listed by Brian Etheridge of Carolina Mountain Sales

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

      Federal 30-year interest rate: 3.94% last updated on 2017-12-21

      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
      • Modification Date 01/16/2018

      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 Michelle Decker of J D Jackson Associates, Inc.

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 3.94% last updated on 2017-12-21

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

      44 King Heights, Fletcher, NC 28704

      Price$659,800The price has recently decreased

      Est. Mortgage: $/month

      MLS Number 3349025

      • Residential Single Family
      • Bathroom 3
      • Square Feet 3277
      • Bedrooms 4
      • Acreage 0.85

      Must See Executive home conveniently located, in one of the best school districts, 4 mins from Airport rd. High End finishes abound in the perfectly laid out home with 10-14ft ceilings throughout the main level, Stainless Steel appliances, Beautiful Counter Tops, Hardwood Floors throughout the main level, HUGE RV Garage in Basement, 3 Car Garage on Main level, Views from Spacious covered back deck, Entire basement studded, pre-plumbed, and ready for you to finish...If fully finished home would boast 6,000+/- square feet!! Huge investment potential. ***Home recently painted but if it's not your color preference, seller is willing to negotiate a painting allowance.*** *****Seller motivated- possible owner carry or lease to own.*****

      Listed by Caleb Phillips of Lusso Realty, LLC.

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      Est. Mortgage: $/month

      Federal 30-year interest rate: 3.94% last updated on 2017-12-21

      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
      • Acreage 0.31
      • Year Built 1973
      • Modification Date 01/16/2018

      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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      Est. Mortgage: $/month

      Federal 30-year interest rate: 3.94% last updated on 2017-12-21

      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
      • Square Feet 3127
      • Units 3
      • Acreage 0.55
      • Zoning Commercial

      Two office buildings with multiple tenants in historic Montford/Highland Park. Investment and/or owner user. 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: 3.94% last updated on 2017-12-21

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

      335 Lynn Cove, Asheville, NC 28804

      Price$625,000The price has recently decreased

      Est. Mortgage: $/month

      MLS Number 3270981

      • Residential Single Family
      • Bathroom 3
      • Square Feet 2902
      • Bedrooms 3
      • Acreage 3.5

      Your mountain home is calling. Lindal Cedar home and 3.5 +/- acres. Only 15 minutes to DT AVL/hospitals. Home has been pre-inspected, repairs made, sold as-is. Well maintained, quality home, move-in ready. Enjoy listening to the waterfall while grilling dinner on the flagstone patio. Relax in spa-like master bath. Close range winter views, can be opened up if desired. See this remodeled, updated home in desirable Beaverdam Valley. Can be used for short term vacation rental investment. Motivated.

      Listed by Sandy Austin of Beverly-Hanks, Merrimon

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      Federal 30-year interest rate: 3.94% last updated on 2017-12-21

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

      27 Shorewood, Asheville, NC 28804

      Price$579,000The price has recently decreased

      Est. Mortgage: $/month

      Pending

      MLS Number 3348094

      • MultiFamily Multi-Family
      • Subdivision Lakeview Estates
      • Square Feet 2610
      • Lot Description Level, Wooded
      • Zoning Residential

      Completely renovated large duplex in North Asheville next to Beaver Lake, Library and Fresh Market. Two almost identical units each with attached garage parking. Both featuring new kitchens with quartz tops and subway tile, hardwood flooring throughout, remodeled bathrooms and loads of light on a large lot. Impeccably maintained inside and out. Garage has half bath, large secured storage room and separate washer/dryers for each unit. Lower level apartment is currently being used as a corporate/30 day minimum furnished rental. Upstairs apartment has long term tenants. Great investment property with minimal upkeep and overhead.

      Listed by Richard Fast of City Real Estate LLC

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      Federal 30-year interest rate: 3.94% last updated on 2017-12-21

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

      62 Debra, Asheville, NC 28806

      Price$565,000The price has recently decreased

      Est. Mortgage: $/month

      MLS Number 3334704

      • MultiFamily Multi-Family
      • CoListAgent_MUI 28244078
      • Square Feet 4196
      • Modification Date 01/16/2018
      • Year Built 1985

      Great opportunity awaits on 2+ acres with 3 homes! This multi-family property includes a 2BR/1BA; a second 2BR/1BA and a 5BR/3BA. Perfect for the large family wanting their own space or equally perfect as an amazing investment property! You really have to see this one to imagine all the possibilities so schedule a showing today!

      Listed by The Matt and Molly Team of Keller Williams Professionals

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      Federal 30-year interest rate: 3.94% last updated on 2017-12-21

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

      608 New Leicester, Asheville, NC 28806

      Price$549,000The price has recently decreased

      MLS Number 3342299

      • Commercial
      • Acreage 0.54
      • Year Built 2003
      • SpecialListingConditions ESTATE
      • Modification Date 01/16/2018

      Investment property: Originally built as a Huddle House, currently being run as a local family diner. Wynn's Diner is starting their sixth year in operation. Recently executed new five year lease with one option to renew for an additional five years. Triple net investment. New roof and HVAC this year.

      Listed by Jeff Soto of Coldwell Banker Commercial King

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      Federal 30-year interest rate: 3.94% last updated on 2017-12-21

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

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