Seller's Agent in 2021
Kristi Brannon
Two Trails LLC
(828) 551-9405
10 in this area
17 Total Sales
Excellent investment opportunity in downtown Hendersonville with a 10% cap rate that could easily be increased with current market rent. This unique property comprises 5 buildings consisting of 22 apartments and a storage unit that could be converted into an additional rental. A total of 13 lots compose the 1.88 (+/-) acres with lot 50 & 60 vacant. CASH COW with 100% occupancy for 9+ years with majority long-term tenants. This property is located within a quarter mile from Main Street making it comfortably walkable to restaurants, shopping, breweries, bus stops and grocery stores. Ideal rental for those that don't have vehicles. Property features include ceramic tile floors throughout units for easy maintenance, wooden cabinetry, laminate countertops, exterior decking, newer refrigerators and ovens and off-street parking. Please refer to attached property overview for apartment unit details. Please do not disturb residents. Contact agent if buyer is interested in viewing interiors.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/30/2021 04/30/21 | Sold | $1,150,000 | +0.4% | $97 / Sq Ft |
| 02/23/2021 02/23/21 | Pending | -- | -- | -- |
| 02/20/2021 02/20/21 | For Sale | $1,145,000 | -- | $96 / Sq Ft |
Seller's Agent in 2021
Kristi Brannon
Two Trails LLC
(828) 551-9405
10 in this area
17 Total Sales
Buyer's Agent in 2021
Ryan Howell
Keller Williams Mtn Partners, LLC
(828) 974-6818
22 in this area
70 Total Sales
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: CAR3708725
APN: 9568667580