$2,330,000
 $12,508 est/mo Sourced by Back At You

61 State Street,Asheville, NC 28806

Asheville, NC 28806

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Description

DO NOT DISTURB TENANTS. Call listing broker for details. 24 Residential Rental Portfolio & 3 lots for Sale! Rare opportunity to scoop up 24 residential rentals located throughout 5 different areas of West Asheville / Leicester. The portfolio mix consists of two Mobile Home Parks: Holly Hills MHP (1 house, 6 mobile homes) & Cedar Hill Mobile Home Village (13 units with room for expansion); four single family rentals (1 doublewide, 3 houses), and 3 vacant lots. Addresses: 102 Cobra Dr, Leicester, NC 28748, 105 Cobra Dr, Leicester, NC 28748, 108 Cobra Dr, Leicester, NC 28748, 14 Cobra Dr, Leicester, NC 28748, 118 Cobra Dr, Leicester, NC 28748, 120 Cobra Dr, Leicester, NC 28748, 124 Cobra Dr, Leicester, NC 28748, 20 Prestwood Place, Leicester NC 28806, 4 Prickly Juniper Trl, Asheville, 28806, 6 Prickly Juniper Trl, Asheville, 28806, 7 Prickly Juniper Trl, Asheville, 28806, 8 Prickly Juniper Trl, Asheville, 28806, 9 Prickly Juniper Trl, Asheville, 28806, 14 Prickly Juniper Trl, Asheville, 28806, 24 Prickly Juniper Trl, Asheville, 28806, 26 Prickly Juniper Trl, Asheville, 28806, 28 Prickly Juniper Trl, Asheville, 28806, 30 Prickly Juniper Trl, Asheville, 28806, 32 Prickly Juniper Trl, Asheville, 28806, 94 Cedar Hill Rd, Asheville, 28806, 16 Lawndale Ave, Asheville, NC 28806, 71 Deaver Park Circle, Asheville, NC 28806, 76 Deaver Park Circle, Asheville, NC, 28806, Deaver Park Cir, Asheville, NC 28806 (PIN: 9628257540), Deaver Park Cir, Asheville, NC 28806 (PIN: 9628255578), 61 State St, Asheville, NC 28806. West Asheville / Leicester Areas. Parcel ID / Pin Numbers: 9700725880, 9628184091, 9628173929, 9628174980, 9628173920, 9628172708, 9638345160, 9628255771, 9628254842, 9628257540, 9628255578, 9628256618. Highlights: In-place cash flow with immediate upside potential, significant value-add through rehab, lease-up and expansion, expansion potential: +8 lots at Cedar Hill. below-market rents, diversified asset base (a mix of mobile homes, single family, and land).

Details

MLS #4432943
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1904
Days On Site18
Listing Provided ByDewey Property Advisors | Scott Raines

Features

SQ Feet19,322
Units24
ZoningRM16
Acreage0.19

Interior

CoolingOther - See Remarks
HeatingOther - See Remarks
AppliancesOther

Exterior

Construction MaterialsOther - See Remarks
Foundation DetailsOther - See Remarks

Parking

Garage Yes / NoNo
Parking FeaturesOther - See Remarks

Other

List AorCharlotte Region Commercial Board of Realtors

Taxes

Property1491700

Area Information

StateNC
CountyBuncombe
CityAsheville
Zip Code28806
AreaBuncombe
School DistrictUnspecified
Elementary SchoolUnspecified
High SchoolUnspecified
Listing VS Median (in 28806)
Price:
$2,330,000
low | high
Med:
$450,000
100% of Average
sqft:
19,322
low | high
Med:
1,710
100% of Average
$ / sqft:
$121
low | high
Med:
$263
68.229049017393% of Average
On site:
18
low | high
Med:
46
39.130434782609% of Average
Sourced by Back At You

Market Activity 28806

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 Listings courtesy of Canopy MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of October 26, 2026 at 1:08:00 PM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Learn More About This Property

StateNC
CountyBuncombe
CityAsheville
Zip Code28806
AreaBuncombe
School DistrictUnspecified
Elementary SchoolUnspecified
High SchoolUnspecified
Listing VS Median (in 28806)
Price:
$2,330,000
low | high
Med:
$450,000
100% of Average
sqft:
19,322
low | high
Med:
1,710
100% of Average
$ / sqft:
$121
low | high
Med:
$263
68.229049017393% of Average
On site:
18
low | high
Med:
46
39.130434782609% of Average
Sourced by Back At You
Listing Updated: October 8, 2026 at 3:25:53 PM PDT
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