Description
This is a turnkey rental portfolio, perfect for investors and landlords that desire a self contained property in the WNC mountains. Long term tenants in place in 7 of the 8 units. Two site built homes anchor the property. A 4 bedroom main home and a 2 bedroom cottage. This rental portfolio also features 6 separate manufactured homes of varying ages. The 4 bedroom main home is currently vacant and open for showings. The other units are occupied and will not be available for online showing requests, and arrangements must be made in advance. This property has a long operating history, complete with longstanding property management in place, with Rentahome Asheville. Buyers can expect cash flow on day one, continuing to generate over $100k yearly in rental income. Tenants are all on updated leases, some are month to month. All of these numbers and rental info is available upon request. The units have been maintained and updated over the years. An improvements list is available upon request. The property consists of 3 separate parcels, amounting to 4.5 acres. Utilities in place with 2 shared wells, 4 shared septics, and trash service in place for tenants. Quiet, private, gorgeous views, and the tenants all keep to themselves and share the space collectively. If you’re seeking a well oiled machine, actively generating income, come take a look at this special property. Property was appraised within the last 60 days.
Address
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Address: 290 Hookers Gap Road
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City: Candler
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State/county: NC
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Zip/Postal Code: 28715
Details
Updated on April 23, 2026 at 10:47 pm-
Property ID 4373451
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Price $1,375,000
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Property Size 2124 m²
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Garage Size x x
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Year Built 1928
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Property Type Eightplex, Residential Income
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Property Status Active, For Sale
Additional details
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Listing Terms Cash,Conventional,USDA Loan
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Sewer Septic Installed,Shared Septic
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Cooling Ductless
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Heating Ductless
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County Buncombe
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Property Type Residential Income
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Parking None
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Elementary School Unspecified
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Middle School Unspecified
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High School Unspecified
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Architectural Style Arts and Crafts,Cottage
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Down Payment
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