Marcus & Millichap is pleased to present Coburn Apartments, a historic and well-located multifamily community in Asheville, NC. Built in 1911, this 32-unit property sits on 2.7 acres and features a versatile mix of studio, one-bedroom/one-bath, and two-bedroom/one-bath units. Coburn Apartments blends timeless architectural charm with functional living spaces, offering residents a comfortable and character-filled living experience. The property’s spacious grounds provide a sense of privacy and open space, a rare find in Asheville’s growing rental market. Coburn Apartments is strategically positioned to capitalize on Asheville’s thriving economy, strong rental demand, and vibrant cultural scene. Residents enjoy convenient access to downtown Asheville’s employment centers, dining, entertainment, and outdoor recreational opportunities. With its historic appeal, diverse unit mix, and large lot size, Coburn Apartments offers investors a unique opportunity to acquire a well-established multifamily asset with long-term value and potential upside in one of Western North Carolina’s most desirable markets.