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200 Villas Ct
Asheville, NC 28806
Land For Sale
·
5.29 ac
INVESTMENT HIGHLIGHTS
- Great location.
EXECUTIVE SUMMARY
72 proposed and Asheville City Council approved 840 square feet 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 2/2 bath units with approximately 1,200-1,300 square feet 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.
PROPERTY FACTS Under Offer
| Sale Type | Investment | Property Subtype | Commercial |
| No. Plots | 1 | Total Plot Size | 5.29 ac |
| Property Type | Land | ||
| Use Class | RM8 - Residential Multi-Family Medium Density District | ||
| Sale Type | Investment |
| No. Plots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Plot Size | 5.29 ac |
| Use Class | RM8 - Residential Multi-Family Medium Density District |
1 PLOT AVAILABLE
Plot
| Price | £1,458,162 | Total Plot Size | 5.29 ac |
| Price Per ac | £275,644.99 |
| Price | £1,458,162 |
| Price Per ac | £275,644.99 |
| Total Plot Size | 5.29 ac |
DESCRIPTION
Perfect build to 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.
PROPERTY TAXES
| Parcel Number | 9628-27-0626-00000 | Improvements Assessment | £0 |
| Land Assessment | £185,374 | Total Assessment | £185,374 |
PROPERTY TAXES
Parcel Number
9628-27-0626-00000
Land Assessment
£185,374
Improvements Assessment
£0
Total Assessment
£185,374
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