16-Unit Apartment
For Sale
Contact for pricing
20 Brookdale Rd, Asheville, NC 28804
Sixteen 2BR/1BA units in an income-focused apartment building, zoned C-S with potential for additional units.
Property SizeContact for details
Days on Market124
Property Features for 20 Brookdale Rd
General Information
Standard status
Active
Property subtype
Multifamily
Zoning
C-S
Occupancy
100%
Additional Details
Multifamily Units
16
Listing Agency:
Looking Glass Realty Asheville
Listed By:
Zachary Bier · License #NC 316380
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 23 at 2:28PM
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 Looking Glass Realty Asheville
Investment Insights
Based on property information with market context.
This apartment building is made up of 16 units, and each unit features a 2-bedroom, 1-bath layout. The property has maintained 100% occupancy consistently. The seller indicates rents are currently below market value and reports the opportunity to improve cash flow through increases in collected rents.
The property is located on Brookdale Rd in Asheville and is described as being minutes from downtown Asheville and the UNCA campus. Public remarks also note proximity to Asheville Community Yoga Center and Reynolds Village, as well as being up the hill from proposed Woodfin Whitewater Wave Park and the Woodfin Greenway and Blueway bike and paddle trail projects.
The property is zoned C-S. The seller has received verbal confirmation from Buncombe County that adding 6 or more additional units is possible.
The property is located on Brookdale Rd in Asheville and is described as being minutes from downtown Asheville and the UNCA campus. Public remarks also note proximity to Asheville Community Yoga Center and Reynolds Village, as well as being up the hill from proposed Woodfin Whitewater Wave Park and the Woodfin Greenway and Blueway bike and paddle trail projects.
The property is zoned C-S. The seller has received verbal confirmation from Buncombe County that adding 6 or more additional units is possible.
Key Highlights
- 16‑unit multifamily property with all units laid out as 2 bed/1 bath
- Zoned C‑S; verbal confirmation from Buncombe County indicates adding 6 or more additional units may be possible
- Rents are currently below market value, with consistent 100% occupancy
Property Analytics
Property Profile
Current Use
Lease Details
16
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
404
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Sixteen 2BR/1BA units in an income-focused apartment building, zoned C-S with potential for additional units.
Where is this apartment building located?
The property is located at 20 Brookdale Rd Asheville, NC.
What are key features of this property?
This property features: 16‑unit multifamily property with all units laid out as 2 bed/1 bath; Zoned C‑S; verbal confirmation from Buncombe County indicates adding 6 or more additional units may be possible; Rents are currently below market value, with consistent 100% occupancy
