170 Old Naples RoadHendersonville, NC 28792Price: $499,500

  • Price: $499,500
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Federal 30-year interest rate: 4.04% last updated on Jan 18, 2018
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 3390358MLS Number
  • 7Bathrooms
  • 7200Square Feet
  • 1.16Acreage
  • 1999Year Built

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Almost new Class B office space near Park Ridge Hospital and Asheville Airport. A total of 26 rooms, 7 restrooms, 1 kitchen. Plenty of parking spaces. Business sign and building visible from I26. Currently 3 tenants. Total net rent income after expenses is $55600, net investment return 11% per year, the best of its class in Hendersonville and Asheville. Adding an average annual property appreciation rate of 6%, that would be a total of 17% investment return per year, unbeatable for low risk reliable investment. Property sold in 2013 (market bottom) for $553,500

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Listed by Kevin Wei of Buncombe Realty
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