Asheville Multifamily

25 Howland Road Asheville NC 28804

$ 4,675,000

Asheville Multifamily

25 Howland Road Asheville NC 28804
Asset Type
Mixed Rentals
Price
$ 4,675,000
Per Unit
$ 146,094
Total Units
32
Year Built
1965
Market
Asheville City Limits / Western NC
Status
In Contract

Highlights

Unique 32-unit multifamily community within the Asheville city limits, immediately adjacent to Downtown Asheville, North Carolina
Nestled in one of Asheville's nature-filled mountainsides, this property includes a mixture of garden apartments, individual "Rondette" homes and a single family house
Surrounded by million dollar homes, less than 1 mile from the historic Grove Park Inn, only 2 miles from Downtown Asheville
Five "down" Rondette units waiting to be renovated and brought online will add significant revenue to the steadily rising rents within a rapidly appreciating market
Potential opportunity for furnished short-term rentals of 30 days or more (rentals for less than 30 days are NOT permitted in Asheville)

Photos

Financials

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Location

Contact

TeamMembers-WayneBraren-Color-340x340

Wayne Braren

919-861-9730 x1
Wayne@ApartmentCore.com
TeamMembers-MikeSiciliano-Color-340x340

Mike Siciliano

919-861-9730 x2
Mike@ApartmentCore.com
TeamMembers-EricPagnozzi-Color-340x340

Eric Pagnozzi

919-861-9730 x3
Eric@ApartmentCore.com

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