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27/31 Brown RD Asheville, NC 28806
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Key Details
Sold Price $1,205,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 3,514 sqft
Price per Sqft $342
MLS Listing ID 3456306
Sold Date 02/11/19
Year Built 2003
Lot Size 1.160 Acres
Acres 1.16
Lot Dimensions 50513
Property Sub-Type Commercial
Property Description
*Multiple offers received. Submit best offer by noon tomorrow 12/7/18 for consideration.* 4 luxury units: 2 single-family cottages and 1 duplex available for your short-term rental business dreams. Every unit has successful, verifiable business income to support purchase price. Business has been operating 15 years, has many returning guests, and 5-star reviews on both Airbnb and VRBO. Turn-key business purchase includes completely furnished homes, including all appliances, flat screen TV's in bedrooms and living area, outdoor patio furniture and gas grills. Every unit has privacy, a hot tub, and a propane-gas fireplace. CAP rate estimated between 8-10%. Less than 15 minutes to all Asheville has to offer: Downtown-13 min; Biltmore Estate-12 min; Blue Ridge Parkway-10 min; Asheville Outlets --5 minutes. Drone footage/walk-through video at the following link: https://youtu.be/-XMR_-PEvnQ. Additional photographs available upon request.
Location
State NC
County Buncombe
Interior
Heating Central, Electric
Cooling Central Air, Total
Exterior
Utilities Available City Water, Electricity Available, Propane, Septic Tank, Well, Other
Roof Type Composition
Total Parking Spaces 6
Building
Foundation Basement Fully Finished, Crawl Space
New Construction false
Others
Restrictions None
Acceptable Financing ARM Loan, Cash, Conventional, Other
Listing Terms ARM Loan, Cash, Conventional, Other
Special Listing Condition None
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Bought with John Hale • Keller Williams Professionals