Photo of Troy Flack,

Troy Flack Keller Williams

States: North Carolina

Counties: Buncombe, Henderson, Madison and Haywood

Cities and Towns: Asheville, Weaverville, Black Mountain, Candler, Arden, Fairview, Fletcher, Mills River, Horse Shoe, Hendersonville, Swannanoa

Licensed Since: 2007 | NC License # 253240

About Troy Flack

I have been in the local real estate industry for close to 30 years, including 20 years as a state certified appraiser. My background is extensive from working with builders on spec homes, locating suitable project developments, single family valuation and sales, condos, townhomes, etc. I have personally completed flip projects and owned rental properties. I am skilled at providing before and after values. Additionally, I have a large network of trusted professionals to assist with the process. 

Market Overview

Investment Price Points

Entry level price points would be from $200,000 - $300,000 for B or C neighborhoods and positive cash flows with at least 20 percent down. Mid level price points would be from $300,000 - $450,000 for A neighborhoods and yield positive cash flows with at least 20 percent down. Cap rates for multifamily are currently in the 6-8 percent range on average with limited inventory available across all price points currently.

Free Report: Demographic and Housing Data on the Asheville Market

Would you like free demographic and housing data on the Asheville market? The report includes information on schools, income, employment, crime, average sale prices, fair market rents and more. You can get reports on the whole market or zero in on a specific zip code.

This report has all the info you need to help you decide if the Asheville market is right for you! Click here to get your free report.

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