$1,750,000
bedrooms
0
bathrooms
0
square feet
11,929
Acreage
7.5
Open Houses
-
year built
1974
Full Baths
0
Half Baths
0
Don't miss this uncommon multifamily investment opportunity with an excellent location less than 2 miles from the vibrant heart of downtown Brevard NC! This 10-unit apartment complex is separated into 2 buildings each with 5 units. The 10 total units consist of 1x one bedroom, 7x two bedrooms, and 2x 3 bedrooms. City water and electricity are individually metered to each unit. 2 septic tanks service each building (4 total septic tanks). The property currently offers a stable income stream with all units occupied by long-term tenants. Nestled amidst beautiful mountain views, this property boasts additional land that is flat, easily buildable, and located outside the flood plain—perfect for future development or expansion. Rents for existing tenants have not been adjusted in years, creating opportunity for a new operator to realize additional cash flow with value add strategies and rent adjustments to current market levels. No showings without appointments, please don't disturb tenants.
| Location | |
| Subdivision | - |
| County | Transylvania |
| Elementary School | Unspecified |
| Middle School | Unspecified |
| High School | Unspecified |
Open houses
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: 4230457
Listing agent:
Collin O'Berry
#274582
Listing broker:
Keller Williams Professionals
(828) 254-7253
Copyright © 2025 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Tuesday, April 22 2025 at 2:53 p.m. EDT
Kotohomes National