Price $2,700,000
Status Active
Beds 32
Baths 32 Baths
Home size 15,408 sqft
Lot Size 1.24 ac
Rare offering just one mile from downtown Hendersonville"”this exceptional 16-unit multifamily complex presents an outstanding investment opportunity combining location, quality construction, and long-term stability. Built and meticulously maintained by the original owner/developer, the property reflects pride of ownership and consistent care throughout. Consisting of two well-designed buildings, each thoughtfully constructed for functionality and ease of management, the complex features sixteen 2-bedroom, 1.5-bathroom units that provide comfortable living spaces ideal for long-term tenants. Each unit offers spacious interiors, well-equipped kitchens, and private outdoor areas, creating a desirable residential experience in a highly convenient setting. The property is fully connected to city water and city sewer and provides ample parking for residents and guests. Its prime location"”just one mile to downtown Hendersonville's vibrant shops, restaurants, and amenities"”enhances tenant appeal and ensures continued demand. With consistent occupancy, low turnover, and a strong rental history, this is a truly turnkey investment opportunity in one of Western North Carolina's most desirable and stable markets. The owner's commitment to proactive maintenance and long-term quality is evident in every detail, making this a solid, income-producing property ready for its next chapter. Rarely do opportunities of this caliber"”offering strong fundamentals, excellent parking, city utilities, and close proximity to downtown"”come available. This 16-unit complex represents a legacy asset in a thriving market, ideal for investors seeking a high-quality, well-located multifamily holding in Hendersonville.
Property Type(s): Multi Family
Tract Felix Lake Year Built 1981
Community Felix Lake County Henderson

SCHOOLS

Elementary School Bruce Drysdale
Jr. High School Hendersonville
High School Hendersonville

Additional Details

AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Electric Cooktop, Electric Oven
HEAT Heat Pump
LOT 1.24 acre(s)
MLS STATUS Active
PARKING Assigned, Parking Lot
SEWER Public Sewer
STORIES 2
SUBDIVISION Felix Lake

Location

 

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Listed with George Real Estate Group Inc
Date last updated: 1/11/26 8:37 AM PST

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