Town & Mountain Realty

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200 Villas CourtAsheville, NC 28806Price: $1,950,000

  • Price: $1,950,000
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Federal 30-year interest rate: 6.12% last updated on Oct 3, 2024
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  • $1,950,000List Price
  • 5.29Acreage
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Great build and hold opportunity! 72 Proposed and Asheville City Council approved 840sf Condominium units 5 minutes from downtown Asheville. 4 Buildings with 12 units and 3 Buildings with 8 units. Per civil engineer and owner the property is currently in the process of permitting and subsequently out for bid to have a construction budget. The current condominium/townhomes from an earlier phase were completed in 2007 and are 2/2bath units with approximately 1,200-1,300sf and the last two sales have been $230,000 and $240,000 per mls. Great location and the project is suitable for stick-built or off-frame modular construction.

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Listed by Greg Palombi of The Real Estate Center (gp@realasheville.net)

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