Property
Beds
32
Full Baths
16
1/2 Baths
32
Year Built
1981
Sq.Footage
15,408
Rare offering just one mile from downtown Hendersonville—this exceptional 16-unit multifamily complex presents an outstanding investment opportunity combining location, quality construction, and long-term stability. Built and meticulously maintained by the original owner/developer, the property reflects pride of ownership and consistent care throughout. Consisting of two well-designed buildings, each thoughtfully constructed for functionality and ease of management, the complex features sixteen 2-bedroom, 1.5-bathroom units that provide comfortable living spaces ideal for long-term tenants. Each unit offers spacious interiors, well-equipped kitchens, and private outdoor areas, creating a desirable residential experience in a highly convenient setting. The property is fully connected to city water and city sewer and provides ample parking for residents and guests. Its prime location—just one mile to downtown Hendersonville’s vibrant shops, restaurants, and amenities—enhances tenant appeal and ensures continued demand. With consistent occupancy, low turnover, and a strong rental history, this is a truly turnkey investment opportunity in one of Western North Carolina’s most desirable and stable markets. The owner’s commitment to proactive maintenance and long-term quality is evident in every detail, making this a solid, income-producing property ready for its next chapter. Rarely do opportunities of this caliber—offering strong fundamentals, excellent parking, city utilities, and close proximity to downtown—come available. This 16-unit complex represents a legacy asset in a thriving market, ideal for investors seeking a high-quality, well-located multifamily holding in Hendersonville.
Features & Amenities
Interior
-
Total Bedrooms
32
-
Bathrooms
16
-
1/2 Bathrooms
32
-
Above Grade Finished Area
15408.0
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Heat Pump
-
Pet friendly
Yes
Exterior
-
Garage
No
-
Parking
Assigned, Parking Lot
-
Patio and Porch Features
Covered, Deck, Front Porch
-
Pool
No
Area & Lot
-
Property Type
Residential Income
-
Property Sub Type
Apartment
Price
-
Sales Price
$2,700,000
-
Sq. Footage
15, 408
-
Price/SqFt
$175
HOA
-
Association
No
School District
-
Elementary School
Bruce Drysdale
-
Middle School
Hendersonville
-
High School
Hendersonville
Property Features
-
Foundation Details
Slab
-
Senior Community YN
NO
-
Sewer
Public Sewer
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Location
County
Henderson
Elementary School
Bruce Drysdale
Middle School
Hendersonville
High School
Hendersonville
Listing Courtesy of Noah George , George Real Estate Group Inc
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Agent
Mary Patrella
Call Mary today to schedule a private showing.
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