40 Hemlock Hill Drive, Arden, NC
$ 1,100,000
Property Attributes
  • ID#3927201
  • TypeMulti-Family
  • CountyBUNCOMBE
  • CityArden
  • AreaBuncombe County
  • Zip28704
  • Style
  • Price$ 1,100,000
  • Bedrooms15
  • Full Bathrooms9
  • Half Bathrooms0
  • Sqr Footage1208
  • Lot Size6.99 Acres
Data Source:
Canopy MLS
Property Description

Exclusive investment opportunity! This furnished, short-term corporate rental park is 100% occupied and located just 20 minutes from downtown Asheville. The 6.99+/- acre property is located in Arden near Brevard Road and Long Shoals Rd. and in close proximity to the new Pratt & Whitney plant. It includes 6 fully furnished mobile homes as well as a furnished and renovated, historic post civil war cabin that was previously used as a successful & profitable vacation rental. Mature hardwoods surrounding and throughout the park provide a tranquil setting for tenants and/or a property owner/manager. The cabin is accompanied by a detached 2-car garage, root cellar, and back up well spring. Approximately 2.5+/- acres of the south end of the property are undeveloped and have direct R/W access to Ball Mountain Rd. See duplicate mls listing #3885508.

Elementary School Middle School High School
Avery's Creek/Koontz Elementary School Valley Springs Middle School T.C. Roberson High School
Price History
12/12/2022 Listed $1,100,000

General Features

Appliances Refrigerator, Other
Car Hoasubjectto None
City Arden
Construction Materials Log, Vinyl Siding
Construction Type Manufactured, Site Built
County Buncombe
Elementary School Avery's Creek/Koontz
Elevation 2000
Exterior Features Shed(s)
HLA Area 1208
Heating Central, Forced Air, Window Unit(s)
High School T.C. Roberson
Middle/Junior High School Valley Springs
New Construction No
Pets Allowed Yes
Property Features Shop - Garage
Property SubType Multi-Family
Property Type Residential Income
Rent Includes Exterior Maintenance, Garbage Pick-up, Water, See Remarks
Sewer Septic Installed
Street Name Hemlock Hill
Structure Type Other
Tax Assessed Value 396700
Tenant Pays Electricity, Other
Total Units 7
Virtual Tour
Virtual Tour
Year Built 1870
Zoning Description R-3

Interior Features

Full Baths 9
Laundry Features Other, None
Number Of Completed Units Total 7
Street Suffix Drive
Total Bedrooms 15
Water Heater Gas

Exterior Features

Living Area 1208
Standard Status Active
Building Area Total 1208
Foundation Details See Remarks
Lot Features Sloped, Wooded, Wooded
Lot Size Area 6.99
Lot Size Units Acres
Main Level Garage YN Yes
Parking Features Detached
Porch Front
Road Responsibility Private Maintained Road
Road Surface Type Gravel
Water Source Community Well


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 28704

AVG $1.1M
AVG 66
Year Built
AVG 1870

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