290 Hookers Gap Road
$1,375,000
2,124 sqft
290 Hookers Gap Road
Candler, NC 28715
Property Type
Residential Income
Year Built
1928
Lot Size
Garage

About This Property

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.

Property Details

Interior

Living Area
2,124 sqft
Stories
2

Exterior & Lot

Year Built
1928

Location

County
Buncombe
ZIP Code
28715

Financial

Listing Terms
Cash, Conventional, USDA Loan

Utilities

Sewer
Septic Installed, Shared Septic

Schools

Elementary
Unspecified
Middle School
Unspecified
High School
Unspecified

Appliances

Dishwasher, Oven

Location

Listing Information

MLS #
CAR4373451
Listing Agent
Tyler Davis
Listing Office
Patton Allen Real Estate LLC
Listed Date
Apr 24, 2026
Kim Schafer
Kim Schafer
Realtor®, Broker Associate

Contact Kim Schafer About This Property

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