200 Villas Court, Asheville, NC

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$1,950,000

List Status: Active
200 Villas Court
Asheville, NC 28806


Top Features
  • Built in  2021
  • Unimproved Commercial, Unimproved Commercial, Special Purpose
Description
Property Details
Additional Information
Additional Parcels Description
9628272953, 9628272840, 9628272843, 9628272845, 9628272848, 9628272950,
Association YN
true
Attribution Name
Greg Palombi
Bathrooms Total Integer
2
CCR Subject To
Yes
City Taxes Paid To
Asheville
Commercial Location Description
Other
CumulativeDaysOnMarket
325
Deed Reference
4728/1291
Development Status
Proposed
Directions
From downtown Asheville head west on I-240 W, merge onto US 19-23 (Patton Avenue) via Exit 3A and go 1.73 miles. Turn right onto Johnston Blvd and go 1.15 miles. Turn slight left onto Cedar Hill Rd and go 0.07 miles. Turn left to stay on Cedar Hill Rd and go 0.20 mile. Take 2nd left onto Villas Ct.
Fire Sprinkler Type
N/A
Flood Plain
No
Garage YN
false
HOA Subject To
Required
Inclusions
N/A
Inside City YN
1
Lease Considered YN
false
Lot Size Acres
5.29
Lot Size Area
5.29
Lot Size Square Feet
230432
Lot Size Units
Acres
Mls Major Change Type
Under Contract-Show
New Construction YN
true
Number Of Units Total
72
Open Parking YN
false
Parcel Number
9628-27-0626-00000
Possible Use
Multi-Family, Residential, Subdevelopment
Previous List Price
2600000
Public Remarks
Great build and hold opportunity! 72 Proposed and Asheville City Council approved 840sf Condominium units 5 minutes from downtown Asheville. 4 Buildings with 12 units and 3 Buildings with 8 units. Per civil engineer and owner the property is currently in the process of permitting and subsequently out for bid to have a construction budget. The current condominium/townhomes from an earlier phase were completed in 2007 and are 2/2bath units with approximately 1, 200-1, 300sf and the last two sales have been $230, 000 and $240, 000 per mls. Great location and the project is suitable for stick-built or off-frame modular construction.
Rail Service
No
Restrictions
No Restrictions
Road Responsibility
Publicly Maintained Road
Road Surface Type
Paved
Senior Community YN
false
Sewer
Public Sewer
SqFt Maximum Lease
0.00
SqFt Minimum Lease
0.00
Syndicate Participation
Participant Options
Syndicate To
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Tax Assessed Value
247900
Utilities
Electricity Connected
Water Source
City
Zoning
RM8
Zoning Specification
RM8
Neighborhood Map
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Property Photos

MLS #CAR3793362 Listing courtesy of Dewey Property Advisors provided by Canopy MLS as distributed by MLS GRID.

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