$1,375,000

290 Hookers Gap Road, Candler, NC 28715

  • 4 beds |
  • 2 baths |
  • 2,500 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1928
  • Property Lot Size Icon4.5acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $550/sqft
  • Property List Date Icon Listed 1 month ago

Property 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

Listing Status:
Active
Data Last Updated:
June 25, 2026 at 7:18AM
Listing Office:
Patton Allen Real Estate LLC : 828-348-1154
MLS ID:
4376195
  • Appliances: DishwasherOven
  • Laundry: Mud Room
  • A/C: Ductless
  • Heating: Ductless
  • Fireplace: Fireplace
  • General: Fire PitOutbuildingShed(s)
  • Style: Arts and CraftsCottage
  • Parking: None
  • Roofing: Architectural ShingleMetal
  • General: ManufacturedSite BuiltSlab
  • Road/Access: AsphaltPaved
  • Originating MLS: carolina
  • County: Buncombe
  • Zoning: OU8698882464
  • Water: Shared WellWell
  • Sewer: Septic InstalledShared Septic
  • Source: carolina

This listing courtesy of Patton Allen Real Estate LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location