Arts and Crafts

143,145,147 Powers Road

Asheville , NC 28806

MLS#: 4009004

$2,200,000

Status: Closed
Listing number: 4009004
Listing provided by: RE/MAX Executive
Listing agent phone: None
Last update: 2 years ago
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Property

Beds

17

Full Baths

10

1/2 Baths

1

Year Built

1988

Sq.Footage

10,722

A discerning investor will be impressed by this opportunity to add almost 7 acres of gorgeous mountain property with 5 separate parcels and 3 large residences to their portfolio. So many advantages to this hands-off, low-maintenance investment. Ideal location, NNN lease, expansive French Broad River and Mountain Views, high-end single-family residences, future value add potential, 2 possible build sites on additional PINS. Find all of this in an incredible Asheville location just a short drive to the heart of downtown. Tax advantages; in an opportunity zone. A reputable long-term NNN tenant is in place with options through May 2033. Tenants express interest in discussing the option to renew with the new landlord. This sober living investment is safe and stable with the potential for future growth. Expand your horizons and land in the bosom of the blue ridge mountains for your next dream investment. Up the road from Silverline Park. Cap Rate: 6.39%. Inspection report available.

Features & Amenities

Interior

  • Total Bedrooms

    17

  • Bathrooms

    10

  • 1/2 Bathrooms

    1

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Ceiling Fan(s), Central Air, Ductless

  • Heating YN

    YES

  • Heating

    Central, Ductless, Electric, Heat Pump

  • Pet friendly

    Yes

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    Driveway, Parking Lot

  • Patio and Porch Features

    Covered, Deck, Front Porch, Rear Porch, Side Porch

  • Pool

    No

  • View

    Mountain(s), Water

Area & Lot

  • Property Type

    Residential Income

  • Property Sub Type

    Triplex

  • Architectural Style

    Arts and Crafts

Price

  • Sales Price

    $2,200,000

  • Sq. Footage

    10, 722

  • Price/SqFt

    $205

HOA

  • Association

    No

School District

  • Elementary School

    West Buncombe/Eblen

  • Middle School

    Clyde A Erwin

  • High School

    Clyde A Erwin

Property Features

  • Foundation Details

    Slab

  • Senior Community YN

    NO

  • Sewer

    Septic Tank

  • Water Source

    Well

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Location

County

Buncombe

Elementary School

West Buncombe/Eblen

Middle School

Clyde A Erwin

High School

Clyde A Erwin

Listing Courtesy of Alexandra Schrank , RE/MAX Executive

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Agent Zaneta Mowatt

Agent

Zaneta Mowatt

Call Zaneta today to schedule a private showing.

(704) 904-7596

zaneta@prestinoadvantage.com


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A discerning investor will be impressed by this opportunity to add almost 7 acres of gorgeous mountain property with 5 separate parcels and 3 large residences to their portfolio. So many advantages to this hands-off, low-maintenance investment. Ideal location, NNN lease, expansive French Broad River and Mountain Views, high-end single-family residences, future value add potential, 2 possible build sites on additional PINS. Find all of this in an incredible Asheville location just a short drive to the heart of downtown. Tax advantages; in an opportunity zone. A reputable long-term NNN tenant is in place with options through May 2033. Tenants express interest in discussing the option to renew with the new landlord. This sober living investment is safe and stable with the potential for future growth. Expand your horizons and land in the bosom of the blue ridge mountains for your next dream investment. Up the road from Silverline Park. Cap Rate: 6.39%. Inspection report available.

143,145,147 Powers Road

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