For Sale
For Sale
36 Rocky Ridge Rd.
Asheville , NC

Listing Description

Successful operating vacation rental business with value-add opportunity. The property consists of 6 structures on 1.38 Acres, including 3 Deltec “Round Houses” leased for short term rental, 2 units currently leased for long term rental, and one extensively renovated 3 bedroom, 2 bath modular home currently owner-occupied (would make a great long-term or short term rental). Property includes a storage bay, parking and laundry facilities. Conveniently located off Brevard Road in West Asheville, in close proximity to Exit 33 – I-26, I-40 and the Blue Ridge Parkway. Prime location for short term rentals – close proximity to popular visitor attractions such as Biltmore Estate, Blue Ridge Parkway, NC Arboretum, Asheville Outlet Mall and downtown Asheville. The property features winter mountain views and a beautiful setting. Cap rate of 8.12% with proven year over year income growth. Additional acreage and units available (see MLS # 3677605). Contact listing agent for showings.

Property Details

Price $1,000,000
Address 36 Rocky Ridge Rd.
City Asheville
State NC
Zip Code 28806
County Buncombe
MLS 3680859
Year Built 1975
Square Feet 5,353
Acres 1.38