1029 Patton St - Apartments FOR SALE


Hendersonville, NC 28792
$695,000 USD
828-335-0808
1029 Patton St, Hendersonville, NC for Sale
$695,000 USD
Apartments - FOR SALE
1/47
null | Request Cap Rate

1029 Patton St
Hendersonville, NC 28792


OVERVIEW

Fantastic four unit multifamily investment opportunity! “House hack” by living in one unit while renting the other three, or enjoy passive cash flow from all four one bedroom units. Site enjoys a central yet peaceful location on the fringe of downtown Hendersonville, and features two long-term (month-to-month) tenants and two fully-furnished short term rental (STR) units with proven booking history and all furnishings / FF&E included. As Asheville’s largest submarket, Hendersonville and Henderson County are very business-friendly and have been enjoying steady wealth in-migration, economic growth, employment, and real estate appreciation. Seller has been a diligent steward. Also included is a covered parking structure and a detached workshop / studio shell that was previously an additional residential unit. This is generational-quality real estate... act now!

FOR SALE DETAILS

PRICE

$695,000 USD

PRICE/SF

$261 USD /SF

# OF UNITS

4

PRICE/UNIT

$173,750

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1029 Patton St, Hendersonville, NC 28792

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1948

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

R-6

APN/PARCEL ID

9569710239

ASK ABOUT THIS PROPERTY

Scott MirkinKeller Williams ProfessionalsMore Info
828-335-0808

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Scott MirkinKeller Williams ProfessionalsMore Info
828-335-0808

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.