Search
12-Unit Apartment Development
New
For Sale
$3,000,000

73 W Mitchell Street, Old Fort, NC 28762

Commercial Sale, Old Fort, NC

Property SizeContact for details
Lot Size0.98 Acres
Days on Market3

Property Features for 73 W Mitchell Street

General Information

Property type Commercial Sale
Property subtype Other
Property condition Under Construction
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1
Parking features Driveway
Appliances Dishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Exhaust Fan, Microwave
Standard status Active
APN 0659-06-47-3830
Lot size 0.98 Acres

Taxes and HOA fees

Tax Description LT 22 NEW FORT S/D PB 1 PG 91
Legal Description LT 22 NEW FORT S/D PB 1 PG 91

Utilities

Sewer type Public Sewer
Heating system Ductless (Heating)
Cooling system Ductless

Amenities

walk-in shower
stackable washer and dryer
full kitchen
personal deck
dedicated front door parking

Building Details

Year built 2026
Building materials Fiber Cement
Listing Agency: GreyBeard Realty
Listed By: Bill Roberts · License #276443
Added: Sep 14 Changed: Sep 15 Last Checked: Sep 16 at 7:06PM
MLS# 4424720

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.

Located at 73 W Mitchell Street in downtown Old Fort, this under-construction apartment development includes 12 individually designed units on 0.981 acres. Each unit is planned with a private bedroom, full kitchen, walk-in shower, stackable washer and dryer, and personal deck. Dedicated front-door parking is provided through driveway access.

The property is scheduled for completion in 2026 and uses fiber cement construction materials with ductless heating and cooling. Additional property systems include an electric water heater and public sewer. Its downtown Old Fort setting places the development 25 miles east of Asheville and near the community’s dining, beverage, and outdoor recreation activity.

Key Highlights

  • 12 individually designed apartment units on 0.981 acres
  • Under construction with a 2026 year built
  • Each unit includes a private bedroom, full kitchen, walk‑in shower, and personal deck

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick HVAC Service Building Supply Bakery Furniture & Home Goods Pharmacy Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12
Residential units

Location Intelligence

Trade Area within ½ mile

210
Businesses Nearby

Demographics for 28762, NC

6,661
Population
3,544
Households
1.9
Avg Household Size
46
Median Age
18%
College-Educated
91%
High-School Grad
95.5 sq mi
ZIP Area
70
Density / Sq Mi
$52,269
Median Household Income
$38,920
Median Earnings
$757
Median Rent
$176,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Under-construction multifamily property with private decks, full kitchens, and dedicated parking.
Where is this apartment building located?
The property is located at 73 W Mitchell Street Old Fort, NC.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: 12 individually designed apartment units on 0.981 acres; Under construction with a 2026 year built; Each unit includes a private bedroom, full kitchen, walk‑in shower, and personal deck
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message