Courtesy of: Noah George, George Real Estate Group Inc, noahcgeorge@gmail.com
Courtesy of: Noah George, George Real Estate Group Inc, noahcgeorge@gmail.com
$2,700,000
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32 bed
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48.00 Bath (16 Full , 32 Half)
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Lot: 1.24 Acres
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Other
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$2,700,000
333 W Lake Avenue Rare offering just one mile from downtown Hendersonville-this exceptional 16-unit multifamily complex presents an outstanding investment opportunity combining location, quality construction, and long-term stability. Built and meticulously maintained by the original owner/developer, the property reflects pride of ownership and consistent care throughout. Consisting of two well-designed buildings, each thoughtfully constructed for functionality and ease of management, the complex features sixteen 2-bedroom, 1.5-bathroom units that provide comfortable living spaces ideal for long-term tenants. Each unit offers spacious interiors, well-equipped kitchens, and private outdoor areas, creating a desirable residential experience in a highly convenient setting. The property is fully connected to city water and city sewer and provides ample parking for residents and guests. Its prime location-just one mile to downtown Hendersonville's vibrant shops, restaurants, and amenities-enhances tenant appeal and ensures continued demand. With consistent occupancy, low turnover, and a strong rental history, this is a truly turnkey investment opportunity in one of Western North Carolina's most desirable and stable markets. The owner's commitment to proactive maintenance and long-term quality is evident in every detail, making this a solid, income-producing property ready for its next chapter. Rarely do opportunities of this caliber-offering strong fundamentals, excellent parking, city utilities, and close proximity to downtown-come available. This 16-unit complex represents a legacy asset in a thriving market, ideal for investors seeking a high-quality, well-located multifamily holding in Hendersonville.
Courtesy of: Noah George, George Real Estate Group Inc, noahcgeorge@gmail.com
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