28 Collins Mountain Drive, Asheville, NC 28804

$225,000
1
BD
1
BA
438
SqFt

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Listing courtesy of EXP Realty LLC. tyler@savvy.realty

List Price
$225,000
MLS#
4433152
Status
ACTIVE
Days on Market
1
Property Type
Residential
Year Built
1997
Bedrooms
1
Bathrooms
1
Full Baths
1
Lot Size
435
Lot Size Area
0.01
Living Area
438
Sq Ft Total
438
County
Buncombe
Subdivision
No Neighborhood
Special Conditions
None
Dom
Yes

Property Description

Investment opportunity just 14 minutes from downtown Asheville! 28 Collins Mountain Drive, known as the "Hilltop Cabin," is an established, fully furnished medium-term rental with documented rental history and an efficient operating footprint. Positioned in the Asheville rental market, this property offers investors an opportunity to acquire an existing income-producing asset without the upfront expense of furnishing and preparing a property for rental use. The cabin's private setting and proximity to downtown Asheville provide appeal for visitors seeking accommodations beyond a traditional hotel stay. Its compact footprint offers the potential for manageable operating expenses, while the furnished rental model provides flexibility to target different extended-stay guest segments. Currently operating as a medium-term rental, the property presents opportunities to explore additional marketing channels, optimize rental pricing, and evaluate alternative rental strategies, subject to applicable regulations and permitting. This property offers investors a furnished rental asset with opportunities for continued operational optimization.

Additional Information

Hoa Fee
$50
Hoa Fee Paid
Monthly
Equipment
Dishwasher, Dryer, Microwave, Refrigerator, Washer, Washer/Dryer
Foundation
Slab
Main Level Rooms
Living Room, Dining Area, Kitchen, Laundry, Bathroom-Full, Primary Bedroom
Laundry Location
Laundry Room
Heating
Ductless
Water
Shared Well
Sewer
Septic Installed
Exterior Construction
Wood
Parking
Driveway
Driveway
Gravel
Construction Type
Site Built
Elementary School
Unspecified
Middle School
Unspecified
High School
Unspecified
Total Property HLA
438
Master on Main Level
Yes

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Calculator source: Real Geeks

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