$749,000
Community: Asheville in Buncombe County
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Build for Rent Multi Family Opportunity - up to 10 units. West Asheville RM8 development opportunity with extensive site work already completed. This .41-acre property includes four engineered building areas supporting up to 10 total units per the current layout: three units each on the two eastern pads (101 & 105 Arline Henry Way) and two units each on the two western pads. The site has undergone major improvements including substantial grading, significant imported and compacted fill dirt, full stormwater installation, new sewer line extension with one new manhole, retaining walls, tree clearing, and utility preparation. Final pad cuts have not yet been made, allowing the next owner to shape each building area to fit their design needs. Entitlements are approximately 99% complete, with only updated stormwater calculations being finalized and no anticipated changes to the approved layout or density. RM8 zoning allows a wide range of small multifamily formats including duplexes, triplexes, and attached product. Seller financing is available. A rare infill development site in a highly desirable West Asheville location. Seller is a NC Licensed Real Estate Broker.
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Directions: Take Haywood Rd, turn on Michigan. Make a right on 5th Ave and a left on Pineview. The upper side of the property is on the right. You can alternately access the western bottom portion of the property and the other two building pads via State St.
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