$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 11 days ago

Property 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. Also listed as multifamily rental portfolio MLS #4373451

Listing Status:
Active
Data Last Updated:
May 10, 2026 at 7:18PM
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 $

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Location

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  • 3 bed |
  • 2 bath |
  • 2,942 sqft |
  • 49.82 acre lot
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