3112 Asheville Highway, Pisgah Forest, NC 28768
- $573,000
- 6
- BD
- 5,555
- SqFt
- Sold Price
- $573,000
- List Price
- $650,000
Property 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.
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Listing courtesy of RE/MAX Land of the Waterfalls. graham@grahamwilsonrealtor.com
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