200 Villas Court Asheville, NC $ 1,950,000
200 Villas Court
$ 1,950,000
New Construction
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200 Villas Court

Asheville, NC, 28806
$ 1,950,000
Baths2.0

Monthly Estimate*

$ 13,621

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Studio

Commercial Property for sale in Asheville, NC

for $1,950,000 with 2 full baths. This building was built in 2021 on a lot size of 5.29.

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.

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Commercial Contingent

Price

$ 1,950,000

Bedrooms

Studio

Full Bath

2

Property Type

Commercial

Taxes

$ 0

Style

Unimproved Commercial

Lot Size

5.29

Year Built

2021

Town/City

Asheville

County/Region

Buncombe

MLS | Web ID

3793362

Features
General
Sewer Public Sewer
Utilities Electricity Connected
Zoning RM8
Year Built 2021
Property SubType Unimproved Commercial
Additional Parcels Description 9628272953 9628272840 9628272843 9628272845 9628272848 9628272950
County Buncombe
New Construction Y
Property Type Commercial Sale
HOA / Comm Assn Y
Possible Use Multi-Family Residential Subdevelopment
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 an
City Asheville
Total Units 72
Street Name Villas
Standard Status Active Under Contract
Restrictions No Restrictions
Tax Assessed Value 247900
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Exterior
Water Source City
Inclusions N/A
Lot Size Area 5.29
Road Surface Type Paved
Lot Size Units Acres
Road Responsibility Publicly Maintained Road
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Interior
Street Suffix Court
Total Baths 2
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Internal Only
Street Number 1 200
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* Excluded Features
List By
The Real Estate Center

Broker

Affordability Calculator

$13,621
Per Month
100%
0%
0%
Monthly Principal & Interest
$13,621
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
294628 Elementary School
294724 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/25/2022$1,950,000 -25.00% Price Down
10/19/2021$2,600,000 Listed Price

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200 Villas Court, Asheville, NC, 28806 is a Commercial Property for sale at $1,950,000 with a lot size of 5.29. 200 Villas Court is a studio with 2.0 baths and was built in 2021. The property's zip code is 28806 which is in Asheville, NC