290 Hookers Gap Road Candler, NC $ 1,375,000
290 Hookers Gap Road
$ 1,375,000
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290 Hookers Gap Road

Candler, NC, 28715
$ 1,375,000
Bedrooms-- Baths0.0 Sq 2,124

Monthly Estimate*

$ 9,497

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Multi-Family Home for sale in Candler, NC

for $1,375,000. This 2,124 square foot home was built in 1928 on a lot size of 4.5.

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

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Multi-Family Active

Price

$ 1,375,000

Property Type

Multi-Family

Taxes

$ 0

Style

Arts and Crafts,Cottage

Lot Size

4.5

Year Built

1928

Town/City

Candler

County/Region

Buncombe

MLS | Web ID

4373451

Features
General
Living Area 2124
Sewer Septic Installed Shared Septic
Heating Ductless
Cooling Ductless
Appliances Dishwasher Oven
Architectural Style Arts and Crafts Cottage
Construction Materials Vinyl Wood
Pets Allowed Yes
Year Built 1928
Tenant Pays All Utilities
Stories Count 2
Property Subtype Eightplex
Parcel Number 8698882464
Additional Parcels Description 869888454400000 + 869888646900000
County Buncombe
New Construction N
Property Type Residential Income
HOA N
Garage Y/N N
High School Unspecified
City Candler
Senior Community Y/N N
Number Of Units Total 8
Lot Size Units Acres
Carport Y/N N
Elementary School Unspecified
Middle/Junior High School Unspecified
Additional Parcels Y/N Y
Virtual Tour https://listings.ondreammedia.com/290-Hookers-Gap-Rd-Candler-NC-28715-USA-1 https://listings.ondreammedia.com/290-Hookers-Gap-Rd-Candler-NC-28715-USA-1
Standard Status Active
Construction Type Site Built
Tax Assessed Value 1086900
Listing Terms Cash Conventional USDA Loan
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Exterior
Parking Features None
Water Source Shared Well Well
Lot Size Area 4.5
Foundation Details Slab
Building Area Total 2124
Road Surface Type Asphalt Paved
Road Responsibility Publicly Maintained Road
Main Level Garage YN N
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Interior
Basement (Y/N) N
Above Grade Finished Area 2124
Laundry Features Mud Room
Below Grade Finished Area 0
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Internal Only
Street Number 1 290
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* Excluded Features
List By
Patton Allen Real Estate Llc

Broker

Affordability Calculator

$9,497
Per Month
100%
0%
0%
Monthly Principal & Interest
$9,497
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1081546 Elementary School
1081540 Middle School
Unspecified High School High School
Pricing History
DatePricePrice ChangeDescription
4/23/2026$1,375,000 Listed Price

Map


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290 Hookers Gap Road, Candler, NC, 28715 is a Multi-Family Home for sale at $1,375,000 with 2,124 sqft and a lot size of 4.5. 290 Hookers Gap Road has 0.0 baths and was built in 1928. The property's zip code is 28715 which is in Candler, NC