Description
Unlock a rare high-yield investment opportunity in the sought-after Enka area of Asheville. Situated on 2.06 acres, this versatile property includes a single-family home plus five mobile home lots—three with existing homes included—offering multiple income streams and significant upside potential.
Based on previous and current market rent projections, the property has the potential to generate approximately $85,200 annually in its current state, with estimated expenses of ~$11,470/year, resulting in a projected NOI of nearly $74,000.
Value-add opportunities include increasing below-market rents, filling two vacant mobile home pads, and leasing the garage/shop for additional income. Light improvements such as paint, flooring, and system updates could further enhance rental performance and overall value.
Conveniently located just 5 minutes to Brevard Road and Asheville Outlets, 10 minutes to North Carolina Arboretum and Blue Ridge Parkway access, and 15 minutes to Downtown Asheville, this property offers strong rental demand drivers and long-term growth potential.
Main home does not currently have a functioning heat source. A compelling opportunity for investors seeking to create value and build cash flow in one of Asheville’s most accessible and desirable areas.
Nearby Schools
Sand Hill-venable/enkaElementary School
EnkaMiddle School
EnkaHigh School
Location
Listed By
Similar Listings
MLS# 4277323
ACTIVE
$23,900,000
11 Beds
21 Baths
Listing Agent: Reed Jackson
MLS# 4204690
ACTIVE
$22,000,000
Listing Agent: Kirk Hanson
MLS# 4372151
ACTIVE
$22,000,000
2 Beds
2 Baths
Listing Agent: Greg Palombi
MLS# 4364285
ACTIVE
$17,900,000
6 Beds
9 Baths
Listing Agent: Tom Bramhall
MLS# 4229151
ACTIVE
$17,500,000
6 Beds
8 Baths
Listing Agent: Bryan Criminger
MLS# 4122467
ACTIVE
$17,500,000
Listing Agent: Tammra Granger
MLS# 4122309
ACTIVE
$17,500,000
14 Beds
17 Baths
Listing Agent: Tammra Granger
MLS# 3868702
ACTIVE
$16,950,400
Listing Agent: Brandy Bleiman
MLS# 4358298
ACTIVE
$16,200,000
10 Beds
15 Baths
Listing Agent: Alec Cantley
MLS# 4357942
ACTIVE
$15,900,000
6 Beds
13 Baths
Listing Agent: Alec Cantley
MLS# 4351666
COMING SOON
$15,000,000
6 Beds
12 Baths
Listing Agent: Liza Caminiti
No similar listings found
Unfortunately, we don't have any similar listings at the moment. Please remove or change some of the selected filters.
Listings courtesy of Canopy MLS as distributed by MLS GRID. 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. Properties displayed may be listed or sold by various participants in the MLS. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © MLS GRID. All Rights Reserved. Some IDX listings have been excluded from this website.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with this website or services infringes your copyright, you (or your agent) may send a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to dataops@placester.com.
“The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint. Updated: 27th April, 2026 11:03 PM (UTC)
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with this website or services infringes your copyright, you (or your agent) may send a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to dataops@placester.com.
“The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint. Updated: 27th April, 2026 11:03 PM (UTC)
Listing Office: Keller Williams Professionals
Attribution contact:
realtorbradharrison@gmail.com
