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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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520 Courtwood Lane 1-8 , Hendersonville, NC 28739
$1,285,000
Est. Payment: $2,855.56/mo
8 Bed
8 Bath
4832 Sqft
Status: Active | Days on site: 167
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R02207 - R17270,R16384
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House Description

Rare opportunity to acquire an entire 8-unit condominium building under one ownership. That's right! You will own 100% of the HOA. Each unit is a separately platted condominium within an established HOA, currently owned by a single investor and offered as a portfolio sale. Significant capital improvements include new roof (2025), crawl space encapsulation (2026), and exterior paint/stain (2025). Two units (Units 4 & 8) have been renovated with updated kitchens featuring quartz countertops, new cabinetry, stainless sinks, and appliances, along with LVT flooring, updated lighting, and new interior/exterior doors. These two units also include a stackable washer/dryer which is not common in the Willow Bend community. Each unit is with approximately 604 square feet and includes 1 bedroom and 1 bathroom with bright, natural light and functional unit layout with consistent rental appeal across all 8 units. Each unit has individually metered city water and sewer. New to newer water heaters installed in all units within last three years. Located within 1 mile of downtown shopping, dining, and the Ecusta Trail.

Highlights

Listed by Sherri Holbert , 828-674-3649 and Missy Jenkins , 828-674-3649 Patton Allen Real Estate LLC , 828-348-1154.

Property Type

Multi-Family

HOA Fee

175 Monthly

Year Built

1981

County

Henderson

Neighborhood

Willow Bend

Listing ID

4363116

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:8
  • Bathrooms:8
  • Full Bathrooms:8
Appliances:Dishwasher, Electric Oven, Microwave, Refrigerator
Air Cond:Heat Pump
Fireplaces:
Floor:Vinyl
Above Ground Sq Ft:4832
Below Ground Sq Ft:0
Water:City

Exterior Features

Roof:Architectural Shingle
Sewer:Public Sewer
Parking Features:Detached Carport
Principal Interest
$2,856
Taxes
$819
HOA
$175

Home Price

$1,285,000

Loan Details

30 yrs
%

Down Payment

20%
$257,000
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Monthly Price:
$2,855.56

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $2,855.56 $819.19 $175.00 $3,849.74
Yearly $34,266.67 $9,830.25 $2,100.00 $46,196.92
Total $1,028,000.00 $294,907.50 $63,000.00 $1,385,907.50

Today's Rates

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0%

20 Year

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15 Year

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