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42 Furman Ave 16 Unit Apartment Building $7,533,570 CAD ($470,848 CAD/Unit) 9.70% Cap Rate Asheville, NC 28801
Executive Summary
16 Short term rental units, each with its own STR permit
Property Facts
| Price | $7,533,570 CAD | Apartment Style | Mid-Rise |
| Price Per Unit | $470,848 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.31 AC |
| Cap Rate | 9.70% | Building Size | 8,395 SF |
| Sale Condition | Bulk/Portfolio Sale | Average Occupancy | 96% |
| No. Units | 16 | No. Stories | 4 |
| Property Type | Multifamily | Year Built/Renovated | 1928/2010 |
| Property Subtype | Apartment | Parking Ratio | 1.91/1,000 SF |
| Zoning | Office - See attachments | ||
| Price | $7,533,570 CAD |
| Price Per Unit | $470,848 CAD |
| Sale Type | Investment |
| Cap Rate | 9.70% |
| Sale Condition | Bulk/Portfolio Sale |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.31 AC |
| Building Size | 8,395 SF |
| Average Occupancy | 96% |
| No. Stories | 4 |
| Year Built/Renovated | 1928/2010 |
| Parking Ratio | 1.91/1,000 SF |
| Zoning | Office - See attachments |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Microwave
- Heating
- Ceiling Fans
- Tub/Shower
- Wi-Fi
- Basement
- Smoke Free
Site Amenities
- 24 Hour Access
- Controlled Access
- Courtyard
- Laundry Facilities
- Picnic Area
- Furnished Units Available
- Smoke Free
- Vintage Building
- Wi-Fi
- Community-Wide WiFi
- Private Bathroom
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Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 9649-62-5482-00000 | Improvements Assessment | $2,395,949 CAD |
| Land Assessment | $258,607 CAD | Total Assessment | $2,654,556 CAD |
Property Taxes
Parcel Number
9649-62-5482-00000
Land Assessment
$258,607 CAD
Improvements Assessment
$2,395,949 CAD
Total Assessment
$2,654,556 CAD
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42 Furman Ave
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