Residential development deal in Asheville, NC with 102 PDL's and 6 VDL's. This is phase 1 of the community.
Jones Lang LaSalle Americas, Inc. and Keller Williams Professionals are pleased to offer the sale of Phase 1 at Springs, a residential development opportunity located just north of Downtown Asheville in Woodfin, NC among the scenic Appalachian Mountains. Phase I consists of 6 fully developed townhome lots and 102 partially developed townhome lots within the established community of Springs. With luxury mountain top estates dominating the area as the primary new home inventory, Springs will offer investors Asheville’s only viable large-scale opportunity to capture the underserved middle-tiered home buyer. There is limited lot supply in Asheville excluding the high-end luxury market. Springs represents the submarket’s only viable mid-tiered residential development opportunity boasting an incredible head start and speed-to-market.
Senior Director, Capital Markets