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40 McIlwain Road

Asheville, NC 28806

$550,000

  • 9,999
    Sqft
  • 1.29
    Acres

Location, Location, Location! 10.7% Cap rate. 2 miles from I-26, 4 miles to I-40 situated on a growing commercial corridor (Brevard Rd.) Just down the road from Outlet Mall, dozens of restaurants, retail and necessities. Outdoor activities within a mile Blue Ridge Parkway, The NC Arboretum, Bent Creek Park (tubing) and Lake Powhatan Rec Area. Solid earner with room to grow. Property management in place. All units recently renovated. Sewer is available. Reliable handyman in place and happy to continue working with new owners. Lots of value add opportunities. See attached Pro-forma. See also MLS #3710148

Listed By: Fathom Realty
Status: ExpWithOther

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