

Asheville Build to Rent Project - up to 10 Units
West Asheville RM8 Development Site – Extensive Infrastructure Completed
Marketing description
Up to 10 Units | .41 Acres | Engineered Layout | Seller Financing Available
This is a rare opportunity to acquire a nearly entitled infill development site in the heart of West Asheville. Situated on 0.41 acres and zoned RM8, the property includes four engineered building areas capable of supporting up to 10 total residential units. The engineered layout provides for three-unit structures on the two eastern pads (101 & 105 Arline Henry Way) and two-unit structures on each of the two western pads—offering a flexible mix of duplex, triplex, or small attached-product designs.
Extensive Site Work Completed
The seller has already completed the majority of the costly and time-intensive site work typically required for development, including:
• Major grading and rough site shaping (approx. 90%)
• Significant import and compaction of fill dirt
• Full stormwater infrastructure installation
• New sewer line extension with one new manhole
• Construction of retaining walls
• Tree clearing and vegetation removal
• Utility preparation and site access
Final building pad cuts have not yet been performed, allowing a developer to size the pads according to their chosen building design while benefiting from the substantial groundwork already completed.
Entitlements
The entitlement process is approximately 99% complete, with only updated stormwater calculations pending. No changes to the approved building layout or density are anticipated. The site is positioned for a smooth transition to vertical construction.
Development Potential
RM8 zoning supports a variety of small multifamily housing formats including duplexes, triplexes, townhome-style designs, or build-for-rent product. The ability to deliver up to 10 units on this parcel represents a strong opportunity in a high-demand, undersupplied housing market.
Location
Located in desirable West Asheville, the property is minutes to Haywood Road, Patton Avenue, I-240, New Belgium Brewery, and numerous employment, retail, and recreation areas. This area continues to experience strong demand for quality housing, making the site attractive for both rental and for-sale strategies.
Seller Financing
Seller financing is available for qualified buyers—ideal for groups looking to preserve capital for vertical construction or phase their development.
Summary
A highly strategic and well-prepared infill development site with entitlements nearly complete, extensive site work already performed, and a flexible small-multifamily density program. Offered at $749,000, this property provides an exceptional opportunity for builders, infill developers, or build-for-rent operators seeking a ready-to-go West Asheville project.
Investment highlights
• West Asheville infill development opportunity
• RM8 zoning – supports small multifamily product
• Engineered layout supporting up to 10 total units
• 101 Arline Henry – 3 units
• 105 Arline Henry – 3 units
• West Pad 1 – 2 units
• West Pad 2 – 2 units
• .41-acre site with extensive infrastructure already completed
• Major grading & site shaping (≈90%)
• Large volumes of imported, compacted fill dirt
• Full stormwater installation
• New sewer line extension + one new manhole
• Retaining walls
• Tree clearing and utility prep
• Entitlements ~99% complete (only stormwater calcs pending)
• Final building pad cuts not yet made—flexible for builder designs
• Seller financing available
• Minutes from Haywood Road, Patton Ave, and downtown Asheville
• Strong demand area for rental and for-sale residential units
• Offered at $749,000
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