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    Apartment Buildings with Shared Spa
    Updated: Sep 13, 2024
    Apartment Buildings with Shared Spa

    108 Lakewood Drive, Asheville, NC 28803

    $1,900,000
    1.38 AC lot
    Four dwellings arranged within two cottage‑style buildings
    Shared spa with cedar‑plank sauna and brick courtyard
    1.38‑acre wooded property across from Leah Chiles Park
    1926 Tudor residence with original architectural character
    RS8 zoning with public sewer service
    View details
    Renovated 6-Unit Apartment Building
    Updated: Sep 24
    Renovated 6-Unit Apartment Building

    295 E Chestnut St, Asheville, NC 28801

    $1,095,000
    3,875 sqft
    Six apartments: four one‑bedroom units and two studios
    3,875 square feet; built in 1925
    Fully occupied; substantial kitchen and bathroom renovations
    Separate electric meters for each apartment
    On‑site parking
    View details
    See hot listings in Asheville

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
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    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 Active listings in Asheville, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Renovated Multifamily Apartment Property
    Renovated Multifamily Apartment Property

    80 Lindsey Ln, Burnsville, NC 28714

    $1,450,000
    8,631 sqft 1.98 AC lot

    Four-building apartment community with varied unit layouts, updated interiors, and mini-split HVAC systems.

    View details
    8-Unit Townhome-Style Apartment Building
    8-Unit Townhome-Style Apartment Building

    1419 Colony Park Drive, Johnson City, TN 37604

    $1,115,000
    3,144 sqft

    Multifamily property with updated interiors, public utilities, and convenient access to Johnson City employers and daily services.

    View details
    6-Unit Apartment Building
    6-Unit Apartment Building

    3411 W Walnut Street, Johnson City, TN 37604

    $720,000

    The six apartments offer a mix of one- and two-bedroom layouts near East Tennessee State University and regional medical facilities.

    View details
    Burnsville Mixed-Use Investment Opportunity
    Burnsville Mixed-Use Investment Opportunity

    505 E Main St, Burnsville, NC 28714

    $925,000

    Income-producing property with apartments, retail, and cabin residence.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    View details

    Asheville, NC Apartment Buildings Market Trends and Statistics

    Explore 2 apartment buildings for sale in Asheville, NC on our real estate platform. These investment opportunities span a total of 3,875 square feet of properties for sale, with an estimated market value of $2,995,000.

    Sale prices for apartment complexes in Asheville, NC start at $1,095,000, averaging $1,497,500, and reaching up to $1,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 139K
    Population Growth (5Y) +4.9%
    Median Household Income $66,351
    College Educated 33.1%

    High-Yield Neighborhoods for Investment

    Identify Asheville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    28805 $227K
    28803 $1.9M
    28801 $3.3M

    Taxes & Financing

    Tax Rate (average for all types) 0.91%
    Property Tax per SF $11.15 per SF
    Tax Rate vs County Average 0.06 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Buncombe County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Asheville fall within the 10,000 to 25,000 square foot range.

    How Realmo verifies these figures

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    • 28803
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