NAI BEVERLY-HANKS LISTING. 26-unit park with 11% cap. rate. Seller will consider some owner financing. 23 units will be conveyed with the land. The park is zoned C-S (community shopping) in the town of Woodfin; allowing for development of multi-family; retail; office; light industrial; etc. The property has visibility from I-26 (traffic count 50;000+ VPD) and is located between Elk Mountain Road and Merrimon Avenue; near the rapidly-developing Reynolds Mountain area. It is less than three-tenths of a mile to I-26. Municipal sub-metered water/sewer. Prospective buyers/brokers:  Please do not disturb the tenants.
DIRECTIONS:  From Downtown Asheville; I-26 west to Elk Mountain Road exit. Turn right onto Elk Mountain Road and immediate left onto Brookdale. The park is on both sides of the road. See photo. No signage per owner's request.

Listing Details

  • Price: $830,000
  • Square Feet: 99,999
  • Acres: 2.580
  • County: Buncombe County
  • Zoning: C-S
  • Price per SqFt: $8
  • Price per Acre: $8
  • Listed By: NAI Beverly-Hanks

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