Passive investment opportunity in downtown Asheville! This fully-leased condo portfolio is located in the heart of the thriving South Slope, and boasts abundant parking, secure and zero grade entry, and strong monument sign visibility on Asheland Avenue and Grove Street. Attractive long-term leases include the State of NC (Mountain Area Workforce Development Board), and the non-profit Buncombe County Partnership for Children.
Condos 102A, 104, and 105 are offered together at a 7.78% capitalization rate on blended and stabilized net rent. Contact List Agents for additional information about this clean investment sale opportunity!
Suites 104/105 Virtual Tour: https://youriguide.com/suite_105_53_asheland_ave_asheville_nc/
Suite 102A Virtual Tour: https://youriguide.com/suite_102a_53_asheland_ave_asheville_nc/
Associated PINs: 9648297342C002A, 9648297342C0104, 9648297342C0105
Property Type(s):
Commercial
Year Built
1970
County
Buncombe
Additional Details
AIR
Central Air
AIR CONDITIONING
Yes
HEAT
Electric, Natural Gas
LOT
0
LOT DESCRIPTION
Level
MLS STATUS
Active
PARKING
Parking Lot
SEWER
Public Sewer
STORIES
1
Location
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