101 Arline Henry Way, Asheville, NC 28806

$749,000

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Listing courtesy of CENTURY 21 Connected. aaron@groundfloorproperties.com

List Price
$749,000
MLS#
4321984
Status
ACTIVE
Days on Market
240
Property Type
Land
Lot Size
17,859
Lot Size Area
0.41000000000000003
County
Buncombe
Special Conditions
None

Property Description

Build for Rent Multi Family Opportunity - up to 10 units. Seller Financing available! West Asheville RM8 development opportunity with extensive site work already completed. This .41-acre property includes four engineered building areas supporting up to 10 total units per the current layout: three units each on the two eastern pads (101 & 105 Arline Henry Way) and two units each on the two western pads. The site has undergone major improvements including substantial grading, significant imported and compacted fill dirt, full stormwater installation, new sewer line extension with one new manhole, retaining walls, tree clearing, and utility preparation. Final pad cuts have not yet been made, allowing the next owner to shape each building area to fit their design needs. Entitlements are approximately 99% complete, with only updated stormwater calculations being finalized and no anticipated changes to the approved layout or density. RM8 zoning allows a wide range of small multifamily formats including duplexes, triplexes, and attached product. Seller financing is available. A rare infill development site in a highly desirable West Asheville location. Seller is a NC Licensed Real Estate Broker.

Additional Information

Water
City
Sewer
Public Sewer
Driveway
Gravel, Paved
Lot Description
Cleared, Infill Lot, Sloped
Elementary School
Unspecified
Middle School
Unspecified
High School
Unspecified

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

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