Birch Hill

About Birch Hill

OM AVAILABLE SOON

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Birch Hill, a 281-unit Class A apartment community built in 2023 and located in the highly desirable Asheville, North Carolina market. Birch Hill offers investors the opportunity to acquire a recently constructed, institutional-quality asset featuring elevated interiors, modern conveniences, and a comprehensive amenity package designed around today’s renter. The property benefits from strong surrounding demographics, including approximately $92k in average household income within a five-mile radius, while maintaining a trailing occupancy of 95% since July 2026.

Strategic proximity to Asheville’s major employment anchors, including Mission Health, Pratt & Whitney, Eaton Corporation, and Ingles Markets, along with convenient access to retail, dining, outdoor recreation, and attractions such as the Biltmore Estate and North Carolina Arboretum, further enhances tenant appeal. Asheville’s mountainous terrain, limited developable land, and development constraints create meaningful barriers to new multifamily supply, supporting the long-term positioning of existing high-quality assets.

The offering is further enhanced by an attractive assumable loan featuring a 5.49% fixed interest rate and full interest-only payments through July 2030. With its modern Class A product, strong occupancy, favorable demographics, diverse employment base, constrained supply environment, and attractive in-place financing, Birch Hill is well positioned to provide long-term occupancy stability, rental growth, and value appreciation within the Asheville multifamily market.