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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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101 Arline Henry Way , Asheville, NC 28806
$749,000
Est. Payment: $1,664.44/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 204
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R06791 - aaron
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House Description

Build for Rent Multi Family Opportunity - up to 10 units. Seller Financing available! West Asheville RM8 development opportunity with extensive site work already completed. This .41-acre property includes four engineered building areas supporting up to 10 total units per the current layout: three units each on the two eastern pads (101 & 105 Arline Henry Way) and two units each on the two western pads. The site has undergone major improvements including substantial grading, significant imported and compacted fill dirt, full stormwater installation, new sewer line extension with one new manhole, retaining walls, tree clearing, and utility preparation. Final pad cuts have not yet been made, allowing the next owner to shape each building area to fit their design needs. Entitlements are approximately 99% complete, with only updated stormwater calculations being finalized and no anticipated changes to the approved layout or density. RM8 zoning allows a wide range of small multifamily formats including duplexes, triplexes, and attached product. Seller financing is available. A rare infill development site in a highly desirable West Asheville location. Seller is a NC Licensed Real Estate Broker.

Highlights

Listed by Aaron Palmer , 828-545-8741 CENTURY 21 Connected , 828-348-0222.

Property Type

Vacant Land

Lot/Acreage
0.41

County

Buncombe

Listing ID

4321984

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Water:City

Exterior Features

Lot:Cleared,Infill Lot,Sloped
Sewer:Public Sewer
Principal Interest
$1,664
Taxes
$477

Home Price

$749,000

Loan Details

30 yrs
%

Down Payment

20%
$149,800
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:
$1,664.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,664.44 $477.49 $0.00 $2,141.93
Yearly $19,973.33 $5,729.85 $0.00 $25,703.18
Total $599,200.00 $171,895.50 $0.00 $771,095.50

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 (Asheville, 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.