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52 Chapel Hill Church Rd
Asheville, NC 28803
Asking Price
$4.50M
Asset Type
Commercial Retail
Class
Class B
What's Special
Retail <ul><li>Rare generational family farm/estate opportunity in South Asheville</li><li>Approximately 80 acres of rolling pasture with scenic long-range views</li><li>Located just minutes from Hendersonville Road and nearby South Asheville amenities</li><li>Includes an existing 3,605 SF family home built in 1978</li><li>Ideal setting for a private estate, family compound, or multiple premier homesites</li><li>Strong potential for 3 - 4 additional prime homesite locations</li><li>Open pasture,
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NOI
$80,000
Cap Rate
1.78%
DSCR
0.30
Underwater
Cash-on-Cash
-13.86%
Monthly Payment
$22,238.807
Annual Cash Flow
$-186,865.689
