Excellent investment opportunity! This 16 unit multi-family apartment complex is located just 5 minutes from downtown Asheville. All of the units have the same 2 bedroom 1 bath layout and each unit has it's own private balcony. Owners have received verbal confirmation from zoning department that adding additional units would be permitted, buyer to confirm exact details. This property has consistently remained at 100% occupancy and when a unit does become available it is always in extremely high demand and is filled almost immediately. It is within walking distance to Asheville Community Yoga Center and just down the hill from the YMCA in Reynolds Mountain. Easy access to I-26 and close to several grocery stores, restaurants, Beaver Lake and everything Asheville has to offer. Please contact Zach Bier for further details. Agent is also an owner of this property.
Off market
$3,232,000
20 Brookdale Rd, Asheville, NC 28804
32beds
13,440sqft
MultiFamily
Built in 1985
-- sqft lot
$3,232,000 Zestimate®
$240/sqft
$1,683 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 32
- Bathrooms: 16
- Full bathrooms: 16
Heating
- Heat pump, Electric
Appliances
- Included: Dishwasher, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator
- Laundry: Main Level, Laundry Closet, W/D Connection
Features
- Ceiling Fan(s)
- Flooring: Tile, Laminate
- Doors: Screen Door(s)
- Basement: Crawl Space
Interior area
- Total interior livable area: 13,440 sqft
Property
Features
- Exterior features: Shingle (Not Wood), Wood
Lot
- Size: 1.38 Acres
- Features: Level
Details
- Zoning: C-S
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1985
Utilities & green energy
- Water: City Water
Community & neighborhood
Location
- Region: Asheville
Other
Other facts
- Flooring: Tile, Laminate Wood
- Appliances: Dishwasher, Range/Oven, Refrigerator, Disposal, Electric Cooktop, Exhaust Fan, Microwave, Freezer, Electric Water Heater, Oven
- InteriorFeatures: Ceiling Fan(s)
- HeatingYN: true
- CoolingYN: true
- FoundationDetails: Slab
- NumberOfUnitsTotal: 16
- CurrentFinancing: Conventional, Cash, 1031 Like-Kind Exchange
- Heating: Heat Pump, Electric Hot Air
- LotFeatures: Level
- NumberOfUnitsInCommunity: 16
- OpenParkingSpaces: 0
- SpecialListingConditions: Standard
- Basement: Crawl Space
- FarmLandAreaUnits: Square Feet
- RentIncludes: Water, Sewer, Exterior Maintenance, Garbage Pick-up, Management Fee, Outdoor Lighting
- CoveredSpaces: 0
- OpenParkingYN: true
- TenantPays: Electricity, Cable, Electric Heat
- ConstructionMaterials: Wood, Shingle, Glass, Hardboard Siding
- LaundryFeatures: Main Level, Laundry Closet, W/D Connection
- WaterSource: City Water
- ParkingFeatures: Parking Lot, Asphalt
- Zoning: C-S
- StructureType: Site Built
- RoadResponsibility: Publicly Maintained Road
- DoorFeatures: Screen Door(s)
- MlsStatus: Under Contract-Show
- CoListAgentFullName: Adam Skoog
- TaxAnnualAmount: 1351500.00