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20 Brookdale Rd
Woodfin, NC 28804
Elkwood Estates · Multifamily Property For Sale
·
16 Units
Investment Highlights
- 5 minutes from downtown Asheville
- Next door to Asheville Community Yoga Center and the Karma Cafe
- Beaver Lake is 3 minutes from the property
Property Facts
| No. Units | 16 | Building Size | 13,440 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1985/2016 |
| Building Class | C | Parking Ratio | 2.83/1,000 SF |
| Lot Size | 1.38 AC | ||
| Zoning | C-S - Zoning allows for more units to be developed on the property | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.38 AC |
| Building Size | 13,440 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1985/2016 |
| Parking Ratio | 2.83/1,000 SF |
| Zoning | C-S - Zoning allows for more units to be developed on the property |
Amenities
Unit Amenities
- Balcony
- Dishwasher
- Disposal
- Washer/Dryer Hookup
- Ceiling Fans
- Hardwood Floors
- Oven
- Tub/Shower
- Deck
About 20 BROOKDALE RD , WOODFIN, NC 28804
Excellent opportunity for multifamily investor. Solid income producing property, minutes from downtown Asheville and UNCA campus. Located right next to Asheville Community Yoga Center, Reynolds Village, and just up the hill from the proposed sites for the Woodfin Whitewater Wave Park and the Woodfin Greenway and Blueway bike and paddle trail system projects. The property is comprised of 16 units, each is a 2 bed/1 bath layout. Property is zoned C-S and seller has received verbal confirmation from Buncombe County that adding 6 or more additional units to the property is possible. Rents are currently below market value and property has consistently stayed at 100% occupancy, there is considerable room for increases in cash flow.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 16 | $1,000 | 840 |
Property Taxes
| Parcel Number | 9730-64-7831-00000 | Improvements Assessment | $1,406,700 |
| Land Assessment | $198,400 | Total Assessment | $1,605,100 |
Property Taxes
Parcel Number
9730-64-7831-00000
Land Assessment
$198,400
Improvements Assessment
$1,406,700
Total Assessment
$1,605,100
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