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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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2147 Brevard Rd , Arden, NC 28704
$2,650,000
Est. Payment: $5,888.89/mo
0 Bed
0 Bath
12372 Sqft
Status: Under Contract-Show | Days on site: 90
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NCM12700 - jome54844,jego54828
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

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.
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Highlights

Listed by John Menkes , 828-774-5190 and Jeremy Goldstein , 828-774-5190 G/M Property Group , 828-281-4024.

Property Type

Multi-Family
Lot/Acreage
2.85

Year Built

1998

County

Buncombe

Listing ID

4345037

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:
Appliances:Electric Oven, Electric Water Heater, Gas Range, Oven, Refrigerator
Air Cond:Central Air
Fireplaces:Gas
Above Ground Sq Ft:12372
Below Ground Sq Ft:0
Water:Well

Exterior Features

Zoning:R-1
Roof:Composition
Sewer:Septic Installed
Parking Features:Parking Lot
Principal Interest
$5,889
Taxes
$1,689

Home Price

$2,650,000

Loan Details

30 yrs
%

Down Payment

20%
$530,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,888.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,888.89 $1,689.38 $0.00 $7,578.26
Yearly $70,666.67 $20,272.50 $0.00 $90,939.17
Total $2,120,000.00 $608,175.00 $0.00 $2,728,175.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Arden, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.