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).
| MLS # | 4432943 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1904 |
| Days On Site | 18 |
| Listing Provided By | Dewey Property Advisors | Scott Raines |
| SQ Feet | 19,322 |
|---|---|
| Units | 24 |
| Zoning | RM16 |
| Acreage | 0.19 |
| Cooling | Other - See Remarks |
|---|---|
| Heating | Other - See Remarks |
| Appliances | Other |
| Construction Materials | Other - See Remarks |
|---|---|
| Foundation Details | Other - See Remarks |
| Garage Yes / No | No |
|---|---|
| Parking Features | Other - See Remarks |
| List Aor | Charlotte Region Commercial Board of Realtors |
|---|
| Property | 1491700 |
|---|
| State | NC |
|---|---|
| County | Buncombe |
| City | Asheville |
| Zip Code | 28806 |
| Area | Buncombe |
| School District | Unspecified |
| Elementary School | Unspecified |
| High School | Unspecified |
| Listing VS Median (in 28806) | |
Price: $2,330,000 low | high Med: $450,000 sqft: 19,322 low | high Med: 1,710 $ / sqft: $121 low | high Med: $263 On site: 18 low | high Med: 46 | |
| State | NC |
|---|---|
| County | Buncombe |
| City | Asheville |
| Zip Code | 28806 |
| Area | Buncombe |
| School District | Unspecified |
| Elementary School | Unspecified |
| High School | Unspecified |
| Listing VS Median (in 28806) | |
Price: $2,330,000 low | high Med: $450,000 sqft: 19,322 low | high Med: 1,710 $ / sqft: $121 low | high Med: $263 On site: 18 low | high Med: 46 | |