28 Collins Mountain Drive, Asheville, NC 28804

$225,000
1
BD
1
BA
438
SqFt

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List Price
$225,000
Status
ACTIVE
MLS#
4433152
Bedrooms
1
Bathrooms
1
Full Baths
1
Living Area
438
Parcel Size
0.01
Year Built
1997
Days on Market
0

Property Description

Investment opportunity just 14 minutes from downtown Asheville! 28 Collins Mountain Drive, known as the "Hilltop Cabin," is an established, fully furnished medium-term rental with documented rental history and an efficient operating footprint. Positioned in the Asheville rental market, this property offers investors an opportunity to acquire an existing income-producing asset without the upfront expense of furnishing and preparing a property for rental use. The cabin's private setting and proximity to downtown Asheville provide appeal for visitors seeking accommodations beyond a traditional hotel stay. Its compact footprint offers the potential for manageable operating expenses, while the furnished rental model provides flexibility to target different extended-stay guest segments. Currently operating as a medium-term rental, the property presents opportunities to explore additional marketing channels, optimize rental pricing, and evaluate alternative rental strategies, subject to applicable regulations and permitting. This property offers investors a furnished rental asset with opportunities for continued operational optimization.

Additional Information

County
Buncombe
Restrictions
Short Term Rental Allowed
HOA
Yes
HOA Dues
$50
Appliances
Dishwasher, Dryer, Microwave, Refrigerator, Washer, Washer/Dryer
Exterior Finish
Wood
Sewer/Septic
Septic Installed
Heating
Ductless
Cooling
Ductless

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Calculator source: Real Geeks

Listing courtesy of EXP Realty LLC. tyler@savvy.realty

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