Description
This is a turnkey rental portfolio, perfect for investors and landlords that desire a self contained property in the WNC mountains. There are 8 separate individual residences. Property is offered fully occupied. Long term tenants tenants with active lease in place. 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. This property has a long operating history, complete with property management in place, with Rentahome Asheville. Buyers can expect cash flow on day one, continuing to generate over $120k in 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. Also listed as multifamily rental portfolio MLS #4373451
Address
Open on Google Maps-
Address: 290 Hookers Gap Road
-
City: Candler
-
State/county: NC
-
Zip/Postal Code: 28715
Details
Updated on May 16, 2026 at 8:16 pm-
Property ID 4373451
-
Price $1,375,000
-
Property Size 2124 m²
-
Year Built 1928
-
Property Type Eightplex, Residential Income
-
Property Status Active, For Sale
Additional details
-
Listing Terms Cash, Conventional, USDA Loan
-
Sewer Septic Installed, Shared Septic
-
Cooling Ductless
-
Heating Ductless
-
County Buncombe
-
Property Type Residential Income
-
Parking None
-
Elementary School Unspecified
-
Middle School Unspecified
-
High School Unspecified
-
Architectural Style Arts and Crafts, Cottage
Mortgage Calculator
-
Down Payment
-
Loan Amount
-
Monthly Mortgage Payment
-
Property Tax
-
Home Insurance
Video
360° Virtual Tour
Contact Information
View ListingsSimilar Listings
290 Hookers Gap Road, Candler, North Carolina 28715
290 Hookers Gap Road, Candler, NC 28715, Candler, NC- 2124 m²
- Eightplex, Residential Income
50 & 52 Smith Road, Leicester, North Carolina 28748
50 & 52 Smith Road, Leicester, NC 28748, Leicester, NC- Beds: 16
- Baths: 16
- 7732 m²
- Eightplex, Residential Income
1655 Webb Street, Gastonia, North Carolina 28052
1655 Webb Street, Gastonia, NC 28052, Gastonia, NC- Beds: 16
- Baths: 8
- 2610 m²
- Eightplex, Residential Income
111 Saluda Street, Chester, South Carolina 29706
111 Saluda Street, Chester, SC 29706, Chester, SC- Beds: 16
- Eightplex, Residential Income
- The Simpson Group Realty