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Rented Residential Income Portfolio
For Sale
$2,585,000

Multi Unit Quinn Hill Lane, Mars Hill, NC 28754

Residential Income, Mars Hill, NC

Property SizeContact for details
Lot Size1.46 Acres
Days on Market70

Property Features for Multi Unit Quinn Hill Lane

General Information

Property type Residential Multi Family
Property subtype Other
Property condition Under Construction
Zoning description R-3
Bedrooms 21
Bathrooms 3
Full bathrooms 12
Half bathrooms 1
Rooms Bedroom 16, Bedroom 20, Bedroom 8, Bedroom 17, Bedroom 15, Bedroom 11, Bedroom 12, Bedroom 4, Bedroom 3, Bathroom 3, Bedroom 13, Bedroom 2, Bedroom 19, Bathroom 2, Bedroom 7, Bedroom 21, Bedroom 10, Laundry Room, Bedroom 9, Bathroom 1, Bedroom 14, Bedroom 1, Bedroom 6, Bedroom 18, Bedroom 5
Patio and Porch features Deck, Porch
Pets allowed Yes
Appliances Dishwasher, Electric Oven, Electric Water Heater, Microwave, Refrigerator
Subdivision Rock Creek Village
Elementary school Mars Hill
Middle school Madison
High school Madison
Standard status Active
APN 9757-27-0788
Lot size 1.46 Acres

Taxes and HOA fees

Tax Description All of lots 94,95,96,79,80,81,100 in plat book 9 page 487
HOA Fee $50 Annually
Legal Description All of lots 94,95,96,79,80,81,100 in plat book 9 page 487

Utilities

Sewer type Public Sewer
Heating system Heat Pump (Heating), Central
Cooling system Central Air, Heat Pump

Building Details

Year built 2025
Number of units 7
Flooring type Vinyl
Building materials Vinyl
Listing Agency: Quinn Anderson Real Estate Solutions LLC
Listed By: Bruce Anderson · License #145338
Added: Jul 20 Changed: Sep 15 Last Checked: Sep 27 at 4:06AM
MLS# 4384737

Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This residential income portfolio features seven newly constructed homes, each currently rented and under management. The property is presented as turn-key for investors seeking an established rental arrangement.

The asset is located in Mars Hill, North Carolina, in Madison County.

The offering includes a single investment parcel, totaling 1.46 acres, supporting the seven-home rental portfolio.

Key Highlights

  • Portfolio of 7 new construction homes; all are rented and under management
  • Under construction with 2025 year built
  • Central air and heat pump (heating)

Property Analytics

Current Use

Single family properties

Lease Details

7
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

37
Businesses Nearby

Demographics for 28754, NC

8,074
Population
4,460
Households
1.8
Avg Household Size
44
Median Age
32%
College-Educated
94%
High-School Grad
87.3 sq mi
ZIP Area
92
Density / Sq Mi
$68,750
Median Household Income
$39,029
Median Earnings
$841
Median Rent
$289,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Portfolio of seven newly constructed rental homes, all rented and under management.
Where is this multifamily property located?
The property is located at Multi Unit Quinn Hill Lane Mars Hill, NC.
What is the asking price?
The asking price for this property is $2,585,000.
What are key features of this property?
This property features: Portfolio of 7 new construction homes; all are rented and under management; Under construction with 2025 year built; Central air and heat pump (heating)
More about this property
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