61 State Street

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Address: 61 State St, Asheville, NC 28806, USA
Atlanta & Southeast + Apartment Buildings
Created date: June 24, 2026
Date last updated: September 15, 2026
Price: $2,330,000Investment Analyzer NEW!
  • In-place cash flow with immediate upside potential
  • Significant value-add through rehab, lease-up and expansion
  • Expansion potential: +8 lots at Cedar Hill
  • Below-market rents
  • Diversified asset base (a mix of mobile homes, single family, and land)

Property Description

DO NOT DISTURB TENANTS. Call listing broker for details. 26 Residential Rental Portfolio for Sale! Rare opportunity to scoop up 26 residential rentals located throughout 5 different areas of West Asheville / Leicester. The portfolio mix consists of two Mobile Home Parks: Holly Hills MHP (1 house, 6 mobile homes) & Cedar Hill Mobile Home Village (13 units with room for expansion); four single family rentals (1 doublewide, 3 houses), and 3 vacant lots. Addresses: 102 Cobra Dr, Leicester, NC 28748 105 Cobra Dr, Leicester, NC 28748 108 Cobra Dr, Leicester, NC 28748 114 Cobra Dr, Leicester, NC 28748 118 Cobra Dr, Leicester, NC 28748 120 Cobra Dr, Leicester, NC 28748 124 Cobra Dr, Leicester, NC 28748 20 Prestwood Place, Leicester NC 28806 4 Prickly Juniper Trl, Asheville, 28806 6 Prickly Juniper Trl, Asheville, 28806 7 Prickly Juniper Trl, Asheville, 28806 8 Prickly Juniper Trl, Asheville, 28806 9 Prickly Juniper Trl, Asheville, 28806 14 Prickly Juniper Trl, Asheville, 28806 24 Prickly Juniper Trl, Asheville, 28806 26 Prickly Juniper Trl, Asheville, 28806 28 Prickly Juniper Trl, Asheville, 28806 30 Prickly Juniper Trl, Asheville, 28806 32 Prickly Juniper Trl, Asheville, 28806 94 Cedar Hill Rd, Asheville, 28806 16 Lawndale Ave, Asheville, NC 28806 71 Deaver Park Circle, Asheville, NC 28806 76 Deaver Park Circle, Asheville, NC, 28806 Deaver Park Cir, Asheville, NC 28806 (PIN: 9628257540) Deaver Park Cir, Asheville, NC 28806 (PIN: 9628255578) 61 State St, Asheville, NC 28806
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Broker Details

Scott Raines, CCIM
Scott Raines, CCIM

Dewey Property Advisors 828-548-0090

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $2,330,000
No. of Units: 26
Opportunity Zone: No
Price per unit: $89,615
Property Website Click Here
Address: 61 State Street, Asheville, NC 28806, USA
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