Excellent Investment Opportunity. 8.5% CAP rate. 100% occupied with a consistent solid rental history. Highly desirable rental community near UNCA. 9 two bedroom units in 3 buildings located on .54 acres. Plenty of off-street parking. Appointment is required for showing (24 hour notice) and Listing Agent must accompany. Financials available upon request.
Closed
$831,400
65-73 Lookout Rd, Asheville, NC 28804
9beds
1baths
--sqft
Multi Family
Built in 1978
-- sqft lot
$831,400 Zestimate®
$--/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: April 01, 2021 at 05:52pm
Listing Provided by:
James Diaz jim@covestar.com,
Covestar Investment Realty
Bought with:
James Diaz
Covestar Investment Realty
Source: Canopy MLS as distributed by MLS GRID,MLS#: NCM491184
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 1
Heating
- Baseboard, Electric
Cooling
- None
Features
- Flooring: Carpet, Vinyl, Wood
Interior area
- Finished area below ground: 0
Property
Features
- Levels: Three Or More
- Stories: 3
Lot
- Size: 0.54 Acres
Details
- Parcel number: 973090522500000
- Zoning: NONE
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Roof: Other - See Remarks
Condition
- Year built: 1978
Utilities & green energy
- Sewer: Public Sewer
- Water: City
Community & neighborhood
Location
- Region: Asheville
- Subdivision: None
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Asphalt, Paved
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Estimated market value
$831,400