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Four-Property Short-Term Rental Portfolio
For Sale
$2,150,000

12 20 28 36 Collins Mountain Drive, Asheville, NC 28804

The four-home operation combines vacation rentals with a furnished medium-term rental and includes furnishings.

Property Size5,200 SF
Price / SF$413.46
Days on Market19

Property Features for 12 20 28 36 Collins Mountain Drive

General Information

Standard status Active
Size 5,200 SF
Property subtype Residential Income

Additional Details

Furnished Yes
Business Included Yes
Currently Operating Yes

Amenities

swimming pool
hot tub
sauna
fire pit
Hot Tub
Sauna
Fire Pit

Building Details

Building Size 5,200 SF
Year Built 1972
Buildings 4
Units 4
Listing Agency: EXP Realty LLC
Listed By: Tyler Coon · License #313885
Source: Dylerealestate
Added: Oct 12 Changed: Oct 25 Last Checked: Oct 29 at 7:15PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXP Realty LLC

Rey
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Investment Insights

Based on property information with market context.

Four rental properties at 12, 20, 28, and 36 Collins Mountain Drive make up this portfolio, about 14 minutes from downtown Asheville. The homes support both short-term and medium-term rental stays, with 28 Collins Mountain Drive operating as a furnished medium-term rental. Furnishings convey, and documented rental performance is available. Continued third-party management may be arranged under a new agreement.

Shared portfolio amenities include a swimming pool, three hot tubs, two saunas, and a fire pit. Individual homes also offer private hot tubs and saunas. Seller-reported improvements include roofing and HVAC updates.

Key Highlights

  • Four rental properties at 12, 20, 28, and 36 Collins Mountain Drive
  • Includes short‑term rentals and a furnished medium‑term rental
  • Portfolio amenities include a swimming pool, three hot tubs, two saunas, and a fire pit

Property Analytics

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

102
Businesses Nearby

Demographics for 28804, NC

23,964
Population
11,716
Households
2
Avg Household Size
44
Median Age
60%
College-Educated
93%
High-School Grad
28.7 sq mi
ZIP Area
835
Density / Sq Mi
$79,709
Median Household Income
$37,169
Median Earnings
$1,399
Median Rent
$528,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Short term rental property - The four-home operation combines vacation rentals with a furnished medium-term rental and includes furnishings.
Where is this short term rental property located?
The property is located at 12 20 28 36 Collins Mountain Drive Asheville, NC.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: Four rental properties at 12, 20, 28, and 36 Collins Mountain Drive; Includes short‑term rentals and a furnished medium‑term rental; Portfolio amenities include a swimming pool, three hot tubs, two saunas, and a fire pit
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