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Active

290 Hookers Gap Road

Candler, NC 28715

Active 95 days on market Listing ID CAR 300714264

$1,375,000

Est. $7,904/mo See my rate

$647/Sq Ft

2,124 sqft · $647/sqft

— Beds
— Baths
2,124 Sq Ft
$647/Sq Ft
1928 Built
4.50 acres Eightplex Listed Apr 23, 2026 Updated May 16, 2026 HOA None

About This Home

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

Property Details

Interior Details

Heating
  • Ductless
Laundry Features
  • Mud Room
Mainlevelgarageyn
0

Dwelling And Structure

Architectural Style
  • Arts and Crafts
  • Cottage

Square Footage And Levels

Above Grade Finished Area
2124
Below Grade Finished Area
0

Parking And Garage

Parking Features
  • None

Exterior Features

Construction Materials
  • Vinyl
  • Wood

Lot And Land

Lot Size Acres
4.5
Lot Size Units
Acres

Basement And Foundation

Foundation Details
  • Slab

Utilities

Sewer
  • Septic Installed
  • Shared Septic
Water Source
  • Shared Well
  • Well

Financial Information

Citytaxespaidto
No City Taxes Paid

Zoning And Restrictions

Zoningspecification
O U

Multi Unit Details

Total Number Of Units
8

Listed by Tyler Davis (404-374-1600) · Patton Allen Real Estate LLC (828-348-1154)

Location

Address
290 Hookers Gap Road
City
Candler, NC 28715
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Schools

Elementary
Unspecified
Middle
Unspecified
High
Unspecified

School assignments may change. Contact the school district to confirm.

Canopy MLS

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290 Hookers Gap Road, Candler, NC, 28715

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