For Sale $1,375,000
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.
| List Price: | $1,375,000 |
| Status: | For Sale |
| Type: | Eightplex |
| Parking: | None |
| MLS Number: | CAR4373451 |
| Style: | Arts and Crafts, Cottage |
| Year Built: | 1928 |
| Sewer Type: | Septic Installed, Shared Septic |
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
| Date | Event | Price | $/SQFT |
| 05-12-2026 | Listed | $1,375,000 | N/A |
| 04-10-2026 | Listed | $520,000 | N/A |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Vance Elementary | 6 miles | KG-05 | 9 |
| Francine Delany New School for Children | 6 miles | KG-06 | 9 |
| Invest Collegiate (Buncombe) | 7 miles | KG-06 | 8 |
| Hall Fletcher Elementary | 7 miles | PK-05 | 2 |
| Isaac Dickson Elementary | 8 miles | PK-05 | 9 |
| Claxton Elementary | 9 miles | KG-05 | 6 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 290 Hookers Gap Road, Candler NC | 0 mi | $1,375,000 | days | |
| 51 Bridgeway Drive, Candler NC | 0.3 mi | $1,240,000 | days |
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
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| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
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Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
A Courtesy Listing Provided By Patton Allen Real Estate LLC
290 Hookers Gap Road, Candler NC is a ft2 on a 4.500 acres Appraisal lot. This is for $1,375,000. This has bedrooms, baths, and was built in 1928.
Based on information submitted to the MLS GRID as of 2026-05-12 09:11:04 EST. All data is
obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently
reviewed and verified for accuracy. Properties may or may not be listed by the office/agent
presenting the information. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
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