143 Powers Road
Asheville, NC 28804
$2,200,000

A discerning investor will be impressed by this opportunity to add almost 7 acres of gorgeous mountain property with 5 separate parcels and 3 large residences to their portfolio. So many advantages to this hands-off, low-maintenance investment. Ideal location, NNN lease, expansive French Broad River and Mountain Views, high-end single-family residences, future value add potential, 2 possible build sites on additional PINS. Find all of this in an incredible Asheville location just a short drive to the heart of downtown. Tax advantages; in an opportunity zone. A reputable long-term NNN tenant is in place with options through May 2033. Tenants express interest in discussing the option to renew with the new landlord. This sober living investment is safe and stable with the potential for future growth. Expand your horizons and land in the bosom of the blue ridge mountains for your next dream investment. Up the road from Silverline Park. Cap Rate: 6.39%. Inspection report available.

Basic Information
MLS#: 4009006
Price: $2,200,000
Acreage: 6.72
Lot Features: Cleared,Level,Paved,Private,River Front,Sloped,Wooded,Views,Wooded,Other - See Remarks
Property Type: Special Purpose
Year Built: 1988
Special Conditions: Estate
Number of Units: 3
Details
Waterfront/water view: Waterfront
Parking: Driveway,Parking Space(s)
HVAC: Central
Floors: Carpet,Hardwood,Tile,Vinyl,Vinyl,Wood
Virtual Tour: Click here
Listing Courtesy Of: RE/MAX Executive - brokeralexandra@gmail.com