15 & 26 Rivermoor Drive, Brevard, NC 28712

  • $1,600,000
  • $1,750,000
15 & 26 Rivermoor Drive, Brevard, NC 28712, Brevard, NC
Active For Sale
15 & 26 Rivermoor Drive, Brevard, NC 28712
15 & 26 Rivermoor Drive, Brevard, NC 28712, Brevard, NC
  • $1,600,000
  • $1,750,000

Description

Seize this rare multifamily investment in Brevard, NC, just 2 miles from downtown’s vibrant core! This well-maintained 10-unit apartment complex features 2 buildings, each with 5 units: 1 one-bedroom, 7 two-bedroom, and 2 three-bedroom units. City water and electricity are individually metered, with 2 septic tanks per building (4 total). All units are occupied by long-term tenants, ensuring stable income. Nestled among stunning views of the Pisgah Mountains, the property includes flat, buildable land outside the flood plain, ideal for expansion. Rents, unchanged for years, offer value-add potential through updates like modern appliances or landscaping. Brevard’s proximity to Pisgah National Forest, DuPont State Forest, and events like the White Squirrel Festival make this a top investment opportunity. No showings without appointments; please don’t disturb tenants.

  • Address 15 & 26 Rivermoor Drive
  • City Brevard
  • State/county NC
  • Zip/Postal Code 28712

Details

Updated on May 30, 2025 at 7:12 pm
  • Property ID: 4230457
  • Price: $1,600,000
  • Property Size: 11929 m²
  • Garage Size: x x
  • Year Built: 1974
  • Property Type: Apartment, Residential Income
  • Property Status: Active, For Sale

Additional details

  • Listing Terms: Cash,Conventional
  • Roof: Shingle
  • Utilities: Cable Connected,Electricity Connected,Satellite Internet Available,Wired Internet Available
  • Sewer: Septic Installed
  • Cooling: Central Air,Heat Pump
  • Heating: Central,Heat Pump
  • County: Transylvania
  • Property Type: Residential Income
  • Parking: Detached Carport,Circular Driveway,Parking Lot,Parking Space(s),Shared Driveway
  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified
  • Community Features: Street Lights
  • Waterfront: None

Features

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