Marcus & Millichap is pleased to present the Fletcher Portfolio located in Fletcher, North Carolina. This portfolio includes 16 units across four buildings: Meadow Glen Apartments and Country Gardens Apartments, with two single-family homes all on contiguous parcels. The properties consist of 14 two bedroom, 1.5-bath units; one single-family, two-bedroom, 1.5-bath unit; and one one-bedroom, one-bath unit. Meadow Glen and Country Gardens are strategically positioned just 14 miles from Downtown Asheville and 5 miles from the Asheville Regional Airport. This well-maintained portfolio provides a value-added opportunity through interior renovations to capture renter demand for renovated units in the Fletcher markets. Continued growth within the Asheville market and solid employment gains continue to attract out-of state capital to the Western North Carolina market. Asheville’s geography, historic fabric, and thriving downtown have solidied the area as a major tourism and recreational hub for the Southeast. The Fletcher Portfolio’s positioning within the market will allow an investor the ability to implement a value-add strategy and substantially raise rents to reect the market rate, providing strong annual returns for this unique investment opportunity.