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Call: 828.322.1005

Listing by: Scott Raines, Dewey Property Advisors, scott.raines@deweypa.com

0 Beds

n/a Full bath

19,322SqFt

Active

DO NOT DISTURB TENANTS. Call listing broker for details. 24 Residential Rental Portfolio & 3 lots for Sale! Rare opportunity to scoop up 24 residential rentals located throughout 5 different areas of West Asheville / Leicester. The portfolio mix consists of two Mobile Home Parks: Holly Hills MHP (1 house, 6 mobile homes) & Cedar Hill Mobile Home Village (13 units with room for expansion); four single family rentals (1 doublewide, 3 houses), and 3 vacant lots. Addresses: 102 Cobra Dr, Leicester, NC 28748, 105 Cobra Dr, Leicester, NC 28748, 108 Cobra Dr, Leicester, NC 28748, 14 Cobra Dr, Leicester, NC 28748, 118 Cobra Dr, Leicester, NC 28748, 120 Cobra Dr, Leicester, NC 28748, 124 Cobra Dr, Leicester, NC 28748, 20 Prestwood Place, Leicester NC 28806, 4 Prickly Juniper Trl, Asheville, 28806, 6 Prickly Juniper Trl, Asheville, 28806, 7 Prickly Juniper Trl, Asheville, 28806, 8 Prickly Juniper Trl, Asheville, 28806, 9 Prickly Juniper Trl, Asheville, 28806, 14 Prickly Juniper Trl, Asheville, 28806, 24 Prickly Juniper Trl, Asheville, 28806, 26 Prickly Juniper Trl, Asheville, 28806, 28 Prickly Juniper Trl, Asheville, 28806, 30 Prickly Juniper Trl, Asheville, 28806, 32 Prickly Juniper Trl, Asheville, 28806, 94 Cedar Hill Rd, Asheville, 28806, 16 Lawndale Ave, Asheville, NC 28806, 71 Deaver Park Circle, Asheville, NC 28806, 76 Deaver Park Circle, Asheville, NC, 28806, Deaver Park Cir, Asheville, NC 28806 (PIN: 9628257540), Deaver Park Cir, Asheville, NC 28806 (PIN: 9628255578), 61 State St, Asheville, NC 28806. West Asheville / Leicester Areas. Parcel ID / Pin Numbers: 9700725880, 9628184091, 9628173929, 9628174980, 9628173920, 9628172708, 9638345160, 9628255771, 9628254842, 9628257540, 9628255578, 9628256618. Highlights: In-place cash flow with immediate upside potential, significant value-add through rehab, lease-up and expansion, expansion potential: +8 lots at Cedar Hill. below-market rents, diversified asset base (a mix of mobile homes, single family, and land).

Property Details
Price $2,330,000
Lot Size Area 0.19
Lot Size Area Units Acres
Property Type MultiFamily
MLS Sub type Portfolio
Year Built 1904
Heating Other - See Remarks
Foundation Other - See Remarks
Laundry Features Other - See Remarks
Parking Description Other - See Remarks
Garage spaces 0
Geographic Data
County Buncombe
Latitude 35.57694
Longitude -82.58694
Address Information
Address 61 State Street, Asheville, NC 28806
Postal Code 28806
City Asheville
State NC
Country United States
Listing Information
Listing Office Dewey Property Advisors
Listing Office Phone 828-548-0090
Listing Agent Scott Raines
Listing Agent Phone 828-548-0090
Attribution Contact scott.raines@deweypa.com
Web Url https://deweypa.com/listings/?propertyId=26-residential-portfolio
Compensation Disclaimer The offer of compensation is made only to participants of the MLS where the listing is filed.
Special listing conditions None
School Information
Elementary School Unspecified
Middle School Unspecified
High School Unspecified
MLS Information
Days on market 0
MLS Status Active
Listing Date Oct 8, 2026
Listing Last Modified Oct 8, 2026
Tax ID 9638-34-5160-00000
MLS # CAR4432943

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Listings courtesy of Canopy MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of 2026-10-24T10:38:12.416312Z. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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