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Property profile & analytics
OFF-MARKET
Assisted living facilities
518 Clearview Ter, Asheville, NC 28804-3401
Entity Owned
2-yr Hold
Free & Clear
Property ID
US53-1761420
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1936
Construction
WOOD FRAME
Total area
3,277 SF
Lot
0.58 ac (25,265 SF)
Zoning code
DEED DATE: 2023-10-10 DEE
APN
9649-38-7451-00000
UPID
US53-1761420
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Liberty Corner Enterprises Social Service Agency Charitable Organization
-
Clearview Terrace Apartments Apartment Building
-
Clearwater Social Service Agency Charitable Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Mountain Housing Opportunities INC · 2 yrs held
Mountain Housing Opportunities INC
since 2023
2 recorded transactions
Zoning & alternative use
DEED DATE: 2023-10-10 DEE · Asheville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Asheville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Asheville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Assessed value
$1,051,900
Assessed 2024
Previous assessed
$1,051,900
+0.0% YoY
Land market value
$694,800
Improvement market value
$357,100
Total market value
$1,051,900
Applied tax rate
9.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1936
Construction
WOOD FRAME
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Total area
3,277 SF
Lot
0.58 ac (25,265 SF)
Zoning code
DEED DATE: 2023-10-10 DEE
APN
9649-38-7451-00000
UPID
US53-1761420
Jurisdiction
BUNCOMBE
Zoning & alternative use
DEED DATE: 2023-10-10 DEE · Asheville, NC
Zoning DEED DATE: 2023-10-10 DEE · permitted uses
DEED DATE: 2023-10-10 DEE · Asheville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Asheville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1936
Construction
WOOD FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
0.58 ac
Current owner
From public records · entity-resolved
Mountain Housing Opportunities INC
Entity
Free & Clear · 2 yrs held
Mailing address
64 CLINGMAN AVE UNIT #101, ASHEVILLE, NC 28801-3328
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 10, 2023
—
Mountain Housing Opportunities INC
W N C Housing INC
Special Warranty Deed
—
Dec 16, 2004
—
County Of Buncombe
Bmmy Facilities INC
Warranty Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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