53 Asheland Avenue, Asheville, NC 28801
Commercial Property
Built in 1970
—— sqft lot
—— car garage
$——/sqft
Listed 10 months ago
Property Description
Passive investment opportunity in downtown Asheville! This fully-leased condo portfolio is located in the heart of the thriving South Slope, and boasts abundant parking, secure and zero grade entry, and strong monument sign visibility on Asheland Avenue and Grove Street. Attractive long-term leases include the State of NC (Mountain Area Workforce Development Board), and the non-profit Buncombe County Partnership for Children. Condos 102A, 104, and 105 are offered together at a 7.78% capitalization rate on blended and stabilized net rent. Contact List Agents for additional information about this clean investment sale opportunity!
- Listing Status:
- Active
- Listing Office:
- Keller Williams Professionals : 828-254-7253
- MLS ID:
- 4166329

- A/C: Central Air
- Heating: ElectricNatural Gas
This listing courtesy of Keller Williams Professionals
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Isaac Dickson Elementary School
125 Hill St, Asheville, NC, 28801
Grades PK-5
0.50 miles away
Asheville Middle School
211 S French Broad Ave, Asheville, NC, 28801
Grades 6-8
0.40 miles away
Asheville High School
419 McDowell St, Asheville, NC, 28803
Grades 9-12
1.34 miles away