Nearby Schools
Pisgah ForestElementary School
BrevardMiddle School
BrevardHigh School
Description
Sellers are motivated, so bring your offers! Investors take note of this opportunity to own an income producing 4 unit multiplex just minutes from the entrance to the Pisgah Forest. All units are currently rented out on 6 month leases, then will be month to month at the end of July. Monthly revenue of $5,050. 7.7% CAP RATE - see attachments. Adjustment of price has been set in place to reflect the cap rate.
With over 5000 square-feet of heating living area, 3 garages, a storage unit, and plenty of yard space 3112 Asheville hwy has been a successful long-term rental for the past few years. With its amazing location it could also easily be converted into a vacation rental. Under a mile to entrance of the Pisgah Forest, and 4 miles to Downtown Brevard.
Location
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Based on information submitted to the MLS GRID as of "Updated" date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website Updated: 21st March, 2023 8:12 AM (UTC)
Based on information submitted to the MLS GRID as of "Updated" date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website Updated: 21st March, 2023 8:12 AM (UTC)
