53 Asheland Avenue
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53 Asheland Avenue
3 Office Properties Offered at $1,795,000 in Asheville, NC
Investment Highlights
- Fully Leased Condos
- Located in Downtown Asheville
Executive Summary
Passive investment opportunity in downtown Asheville! This fully-leased condo portfolio is located in the heart of the thriving South Slope food and beverage , and boasts abundant parking, secure / zero grade entry, and strong monument sign visibility on Asheland Avenue and Grove Street. Attractive long-term leases include the State of NC (Mountain Area Workforce Development Board), and the non-profit Buncombe County Partnership for Children. Condo Suites 102A, 104, and 105 are offered together at a 7.78% capitalization rate on blended and stabilized net rent!
Property Facts
| Price | $1,795,000 | Status | Active |
| Price / SF | $273.46 / SF | Number of Properties | 3 |
| Cap Rate | 7.78% | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 6,564 SF |
| Price | $1,795,000 |
| Price / SF | $273.46 / SF |
| Cap Rate | 7.78% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 6,564 SF |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
The Asheland Center
53 Asheland Ave, 1st Floor - Unit 105, Asheville, NC 28801 |
Office Condo | 2,282 SF | 1970 | - |
|
The Asheland Center
53 Asheland Ave, 1st Floor - Unit 102A, Asheville, NC 28801 |
Office Condo | 2,000 SF | 1970 | - |
|
The Asheland Center
53 Asheland Ave, 1st Floor - Unit 104, Asheville, NC 28801 |
Office Condo | 2,282 SF | 1970 | - |
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53 Asheland Avenue
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