$2,650,000
Est. Payment: $13,621/mo
Adjust down payment, rate & terms
2147 Brevard Rd, Arden, NC 28704
Arden, NC 28704
0
bedrooms
0
baths
12,372
sq.ft.
$214
price per sf
Presented By
Carnarri Cofield
REALTOR®
About This Property
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.
About the Neighborhood
Looking for the perfect Residential Income in Arden? The 28704 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
- Stories: 2
- Year Built: 1998
- Living Area: 12,372 sqft
- New Construction: No
- MLS #: 4345037
Association
- HOA Required: No
Interior Features
- Heating: Central, Forced Air, Heat Pump, Natural Gas
- Cooling: Central Air
- In Unit
Appliances
- Electric Oven
- Electric Water Heater
- Gas Range
- Oven
- Refrigerator
Construction Materials
- Vinyl
- Foundation: None
- Roof: Composition
Cooling
- Central Air
Foundation Details
- None
Heating
- Central
- Forced Air
- Heat Pump
- Natural Gas
Laundry Features
- In Unit
Parking Features
- Parking Lot
Exterior Features
- Patio/Porch: Deck
Pets Allowed
- Yes
Road
- Road Responsibility: Private Maintained Road
- Road Surface Type: Asphalt, Paved
Sewer
- Septic Installed
WaterSource
- Well
Fireplace
- Gas
Location
LISTING COURTESY OF: G/M PROPERTY GROUP
jmenk@gmproperty.com
$2,650,000
Est. Payment: $13,621/mo
Adjust down payment, rate & terms
Arden, NC 28704
0
bedrooms
0
baths
12,372
sq.ft.
$214
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 G/M Property Group
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.
$2,650,000
2147 Brevard Road
0 bed, 0 bath