

$1,050,000
Est. Payment: $5,397/mo
Adjust down payment, rate & terms
18 Hat Creek Dr, Asheville, NC 28806
Asheville, NC 28806
0
bedrooms
0
baths
7,240
sq.ft.
$145
price per sf

Presented By
Carnarri Cofield
REALTOR®
About This Property
PLEASE NO DRIVE-BYl Exceptional investment opportunity in Asheville! This fully leased property offers five income-producing homes across three adjacent PINs, including three singlewide and two doublewide homes — all with strong rental history and reliable tenants. With immediate income from day one and room for future development, this property combines stability, versatility, and long-term potential. Each home is well maintained and thoughtfully placed for privacy and convenience, featuring individual driveways and ample parking. The peaceful setting provides a neighborhood feel while being just minutes from downtown Asheville, shopping, and major highways — a prime location that keeps demand and occupancy rates high. Three parcels are serviced by septic systems and a shared well. With three contiguous lots, the configuration supports possible additional units or redevelopment (subject to county approval). Investors can maintain five established income streams while exploring opportunities to enhance or expand. The homes each offer comfortable living spaces with individual yards, making them attractive for long-term tenants. The consistent occupancy and strong rent performance demonstrate solid cash flow and minimal turnover — ideal for both new and seasoned investors. Highlights: • five homes total — 3 singlewides and 2 doublewides • Fully leased with strong rental history • Three adjacent PINs with development potential • 3 parcels on septic with shared well • Ample parking and private driveways • Convenient to downtown Asheville, shopping, and highways • Peaceful setting with strong tenant demand. This turn-key property is ready to continue performing as a proven income generator. With its combination of location, stable rental history, and development flexibility, it’s a rare opportunity in Asheville’s growing market. Whether you’re expanding your portfolio or seeking a property with long-term appreciation potential, this investment checks all the boxes.
About the Neighborhood
Looking for the perfect Residential Income in Asheville? The 28806 zip code offers a unique blend of local amenities, convenient transit, and community charm, making it a fantastic area to call home. Reach out to learn more about the local real estate market in this specific neighborhood.
Property Features
Property Description
- Year Built: 9999
- Living Area: 7,240 sqft
- New Construction: No
- MLS #: 4317652
Association
- HOA Required: No
Interior Features
- Heating: Heat Pump
- Cooling: Heat Pump
- Other - See Remarks
Appliances
- Other
Construction Materials
- Vinyl
- Other - See Remarks
- Foundation: Crawl Space
- Roof: Architectural Shingle, Metal
Cooling
- Heat Pump
Foundation Details
- Crawl Space
Heating
- Heat Pump
Laundry Features
- Other - See Remarks
Parking Features
- Driveway
Other Structures
- None
Pets Allowed
- No
Road
- Road Responsibility: Private Maintained RoadOther - See Remarks
- Road Surface Type: Gravel, Dirt
Sewer
- Septic Installed
WaterSource
- Shared Well
Tax and Financial Info
- Listing Terms: Cash, Nonconforming Loan, Private
Location
Schools
Elementary
Johnston/Eblen
Middle
Clyde A Erwin
High School
Clyde A Erwin
LISTING COURTESY OF: EDWARDS REALTY LLC
pursuitofrealty@gmail.com
$1,050,000
Est. Payment: $5,397/mo
Adjust down payment, rate & terms
Asheville, NC 28806
0
bedrooms
0
baths
7,240
sq.ft.
$145
price per sf

Presented By
Carnarri Cofield
REALTOR®
Listings courtesy of Canopy MLS as distributed by MLS GRID
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Citadel Cofield, its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Edwards Realty LLC
Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID. 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.

$1,050,000
18 Hat Creek Drive
0 bed, 0 bath
