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1 Wesley Branch Rd 8 Unit Apartment Building $1,370,000 ($171,250/Unit) Asheville, NC 28806



INVESTMENT HIGHLIGHTS
- Affordable, close to town, HVAC
EXECUTIVE SUMMARY
8 units in two buildings on separate tax id numbers. Units are all in good shape and rent fast. 2/1 bath with AC and parking. Shared well and city sewer but city water is available. Just outside city limits so airbnb potential.
PROPERTY FACTS
| Price | $1,370,000 | Lot Size | 0.95 AC |
| Price Per Unit | $171,250 | Building Size | 2,800 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1993 |
| Property Subtype | Apartment | Parking Ratio | 2.86/1,000 SF |
| Building Class | C | ||
| Zoning | R1 - Residential | ||
| Price | $1,370,000 |
| Price Per Unit | $171,250 |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.95 AC |
| Building Size | 2,800 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1993 |
| Parking Ratio | 2.86/1,000 SF |
| Zoning | R1 - Residential |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 8 | $1,250 | 700 |
1 1
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $408,100 | |
| Land Assessment | $119,700 | Total Assessment | $527,800 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$119,700
Improvements Assessment
$408,100
Total Assessment
$527,800
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1 Wesley Branch Rd
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