NC > Brevard
Brevard, NC 28712,15 & 26 Rivermoor DR
Brevard, NC 28712,15 & 26 Rivermoor DR
Brevard, NC 28712,15 & 26 Rivermoor DR
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$1,750,000
Est. payment /mo
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11,929 SqFt
New

15 & 26 Rivermoor DR Brevard, NC 28712

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BARNETT REALTY TEAM

BARNETT REALTY TEAM

+1(919) 370-0161

UPDATED:

03/06/2025 09:17 PM

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 11,929 sqft

Price per Sqft $146

MLS Listing ID 4230457

Abv Grd Liv Area 11,929

Year Built 1974

Lot Size 7.500 Acres

Acres 7.5

Property Sub-Type Apartment

Property Description

Don't miss this uncommon multifamily investment opportunity with an excellent location less than 2 miles from the vibrant heart of downtown Brevard NC! This 10-unit apartment complex is separated into 2 buildings each with 5 units. The 10 total units consist of 1x one bedroom, 7x two bedrooms, and 2x 3 bedrooms. City water and electricity are individually metered to each unit. 2 septic tanks service each building (4 total septic tanks). The property currently offers a stable income stream with all units occupied by long-term tenants. Nestled amidst beautiful mountain views, this property boasts additional land that is flat, easily buildable, and located outside the flood plain—perfect for future development or expansion. Rents for existing tenants have not been adjusted in years, creating opportunity for a new operator to realize additional cash flow with value add strategies and rent adjustments to current market levels. No showings without appointments, please don't disturb tenants.

Location

State NC

County Transylvania

Zoning GR4

Rooms

Basement Exterior Entry, Interior Entry, Partially Finished, Walk-Out Access, Walk-Up Access

Interior

Heating Central, Heat Pump

Cooling Central Air, Heat Pump

Fireplace false

Appliance Dishwasher, Disposal, Electric Oven, Electric Range, Refrigerator

Laundry Electric Dryer Hookup, In Unit, Washer Hookup

Exterior

Exterior Feature Storage

Community Features Street Lights

Utilities Available Cable Connected, Electricity Connected, Satellite Internet Available, Wired Internet Available

Waterfront Description None

View Winter, Year Round

Roof Type Shingle

Street Surface Concrete,Gravel,Paved

Garage false

Building

Lot Description Flood Fringe Area, Level, Open Lot, Pasture, Private, Rolling Slope, Creek/Stream, Wooded, Views

Dwelling Type Site Built

Foundation Crawl Space

Sewer Septic Installed

Water Public

Structure Type Brick Full,Vinyl

New Construction false

Schools

Elementary Schools Unspecified

Middle Schools Unspecified

High Schools Unspecified

Others

Pets Allowed Yes

Senior Community false

Acceptable Financing Cash, Conventional

Horse Property None

Listing Terms Cash, Conventional

Special Listing Condition None

© 2025 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Listed by Collin O'Berry • Keller Williams Professionals • [email protected]

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BARNETT REALTY TEAM

REALTORS * INVESTORS * GROWTH AMBASSADORS * CEOS * | License ID: 292893

+1(919) 370-0161

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