Asheville Rental and Investment Properties

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--AS IS CONDITION. Lady Ashlee Apt. 6 units, ea 870sf, 2br - 1.5ba. Gr rent: $2975 mo. Dogwood Knoll Apt. 9 units, ea 855 sf, 2 br - 1.5 ba. Gr rent $5315 mo. Lady Ashlee Apt. 6 units, ea 870sf, 2br - 1.5ba. Gr rent: $2975 mo. Maple Ridge Apt. 10 units, ea 821 sf, 2br 1ba. Gr rent: $5945 mo. Whispering Pines Apt. 8 Units, ea unit 925 sf, 2 br, 1 ba. Gr rent: $4740 mo. Alyson Apt. 8 units, ea unit 870 sf, 2 br, 1.5 ba. Gr rent: $4760 mo.

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-3 apartment investment. Maple Ridge Apartments. Ten units, each 821 sf, 2br 1ba. Gross rent: $5945 monthly, $71,340 annual. Market rent: $6250 monthly, $75,000 annual. Dogwood Knoll Apartments. Nine units, each 855 sf, 2 br - 1.5 ba. Gross rent $5315 mo, $637800 annual. Whispering Pines Apartments. Eight Units, each unit 925 sf, 2 br, 1 ba. Gross rent: $4740 monthly, $86,800 annual. Market rent: $5000 monthly, $60,000 annual.

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-NC Healthy-Built home currently under construction in Poplar Ridge with a completion date of Spring 2010. Hand crafted timber trusses in great room, wide plank hardwood floors, granite & limestone counters throughout gourmet kitchen. Private lot with wonderful southern exposure & views. The 9'x 12' pocket door completely opens to bring the outdoors in!!

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This pastoral 10-acre estate in Beaverdam Valley features 3 homes and total privacy, only 5 minutes from Merrimon Avenue. Enjoy the gated entrance, landscaped gardens, private walking trails and views. The main residence boasts log cabin construction with massive stone fireplace, vaulted ceilings, open floor plan and screened porch. The spacious guest house plus rental home create the ideal venue for a family compound, rental or investment.

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-Exceptional estate! List Option 8 (see att'd) 24.55 Acs, log cabin vacation rental; great family compound, equestrian estate, subdivision potential, gentle pastoral land with country feel! Close to Weaverville - views, pool, privacy - see this – fall in love! See MLS #s of various components. 4 fireplaces

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A great opportunity to purchase a furnished home in the Cliffs at Walnut Cove. Rare income producing property that offers flexibility for investor or second - home buyer. This home is currently leased with a long term rental agreement until 10/2009. A definite must see.

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-Beautiful log home with 4 BR and 1 BA. Has been used for vacation rental. Can sleep 10. Begin open living space. Kitchen with granite counters. Wood floors. Triple log garage, lined with cabinets for workshop. Upstairs is an efficiency apartment. Both log buildings have metal roofs. This is surrounded with 200 acres of beautiful mountain land, laced with mountain streams. Create a beautiful retreat, build more cabins - lots of potential.

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Completely remodeled European Craftsman built in 1931 exhibiting fine craftsmanship & style. Older features include hand carved woodwork (cypress), arched doorways, sleeping room, newly updated kitchen, plumbing, heating/cooling, wiring, turret shower in master suite. 4th bedroom currently used as office - seller to add closet. Courtyard with stone FP. Quaint European elegance! Storybook cottage feeling w/substance and security.

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Great opportunity for Investors and/or Second home buyers. In 2008, this home had Gross Rentals of $73,300. Home is being sold furnished. This is a rare opportunity for an income producing home in the Cliffs at Walnut Cove. PLEASE VIEW THE ATTACHED VIDEO FOR TOUR OF HOME.

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Finely appointed urban town home in Reynolds Mountain. Close to the upcoming Village which will include retail, dining, grocery, parks & YMCA. Long range mountain views from every room, beautiful stone fireplace in great room. Granite countertops in kitchen & baths. Viking appliances, walk-in pantry, large laundry w/ front loaders & cabinetry. Pull-down attic stairs. Rented for 5 to 6 months starting in May.