13 Christ School ROADArden, NC 28704MLS Number NCM593278

  • Price $1,550,000
  • Est. Mortgage of $/month
$/month over payments
Federal 30-year interest rate: 3.52% last updated on Oct 20, 2016
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 1978Year Built
  • OtherSubdivision
  • 14NumberOfUnitsTotal
  • LevelLot Description

14-unit apartment complex in great Arden location. Located just off busy Airport Rd/Hendersonville Rd/Sweeten Creek intersection. 6 units are completely new, remaining 8 units in excellent condition. New roof, sealed crawl space with 2 commercial dehumidifiers, new steps/decks/railings, new exterior paint, landscaping. 7.2% Cap Rate. Sq footage per tax records. LA unable to find any restrictions (buyer to verify). Low-maint & good cash flow.

Listed by Scott Russell of Freestone Properties

Interested? Find out more:

Black Mountain Office (828) 295-2176
Asheville Sales Office (828) 513-0349

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Scott Russell

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Basic Information

  • Broker NameFreestone Properties
  • List Price$1,550,000
  • ListingAgentIDsrussell
  • StatusACT
  • ListingTypeExclusive Right
  • Agent ID28244305
  • Broker ID42324453
  • MLS NumberNCM593278


  • DatePhoto2015-09-03T14:02:08
  • Number of Photos23


  • StateNC
  • SubdivisionOther
  • Building Number13
  • StreetChrist School
  • Zip28704
  • TownArden
  • High SchoolTC Roberson
  • CountyBuncombe
  • Elementary SchoolGlen Arden
  • DirectionsFrom Airport Road: East through US 25 intersection, R on Pensacola Ave, R on Christ School Rd, property on Left.From Sweeten Creek Road: South to L on Pensacola Ave, R on Christ School Rd, property on Left.Drive-by's ok but do NOT disturb tenants.
  • Junior HighCane Creek


  • ConstructionTypeSite Built
  • NumberOfUnitsTotal14


  • Lot DescriptionLevel
  • Property Sub TypeApartments
  • Property TypeMulti-Family
  • DriveAsphalt, Circular
  • Parking Spaces0


  • HeatingHeat Pump - AC, Heat Pump - Heat
  • WaterCity Water
  • SewerCity Sewer, Other-see Media/Remarks


  • Owner NameChrist School Road Properties
  • Modification Date10/04/2016
  • StatusChangeDate2016-09-16T11:01:23
  • Year Built1978
  • View Count13

Arden, NC Demographics

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Arden, NC Real Estate Market Data

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Arden, NC Schools

School NameDistanceTypeGradesTest Score RatingParent Rating


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