Under contract

2147 Brevard Rd, Arden, NC 28704

Sqft: 12,372

View property features, location on map, relevant school information and overview from seller's agent.

Listed byG/M Property Group

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This 10-unit multifamily asset in South Asheville features five townhome-style duplexes, each on a separate tax parcel—creating rare flexibility for condo conversion, individual resale or short-term rentals providing multiple monetization paths. The property is 100% occupied with a strong unit mix of two 3BR/2BA and eight 2BR/1.5BA units, currently achieving rents 20–25% below market. Low operating expenses, strong in-place cash flow, and future sewer connectivity offering development potential position this as a compelling value-add investment in a high-growth submarket. See attached brochure.

Location

Full feature list

Basic info

Property type: Multi-family
Number of stories: 2
Square feet: 12,372
Lot size (acres): 2.85
Year built: 1998

Interior features

Basement: Yes
Laundry: In Unit

Utilities

Heating: Central, Forced Air, Heat Pump, Natural Gas
Cooling: Central Air
Sewer: Septic System
Water: Well

Public schools

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Sourced from: Canopy MLS MLS®#: 4345037 Last checked: …

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