1 & 3 Freeport Lane Incredible Investment Property Opportunity in West Asheville. And you can be part of helping Asheville's Affordable Housing Crisis... A Pair of Two Brand New Single Family Residences on One Lot. Never Lived in. Each Home is a 2 BR/ 1.5BA and around 768sf. Great Opportunity which could rent as market rate houses or to Housing Choice Voucher Holders. According to HUD 2025 standards, a 2BR Home Rented to a family using a Housing Choice Voucher could rent for $1347 per month. That would mean annual rental income of $32, 328. After factoring in Taxes/ Insurance, that's a cap rate of around 6%. Affordable West Asheville Brand New Construction Pair of Homes close to Carrier Park, Haywood Road, River Arts District and Downtown. Modern and Adorable 2BR / 1.5BA. Bamboo floors throughout main levels, Tall Ceilings in bedrooms, and Open Wood Beams in Living Room. Great blend of modern fixtures with warm feelings throughout- Wood floors, Luxury Vinyl Plank bathrooms, Tall ceilings in bedrooms. Come take a look! Part of a new pocket neighborhood built by Compact Cottages. One Year New Home Construction Warranty and Longer warranties on many home components.