222 T F Kirkpatrick Way 10 Unit Apartment Building For Sale Candler, NC 28715

Stabilized 10 unit, 100% occupied multifamily offering. The property contains one fourplex (built 2003), one four unit townhome building (built 2008) and one duplex (built 2001). Various renovations and capital improvements have been made to this property to create a consistent
TF Kirkpatrick Way is a 10-unit residential rental community in Candler, NC, in Buncombe County. The property offers a straightforward, income-producing asset with additional rent upside as in-place leases turn over toward market.
Building breakdown below:
219 T F Kirkpatrick
- Built in 2001
- Duplex building
- 2 bedroom, 2 bath units
- 2 of 2 units renovated - painted, new flooring, new lights and ceiling fans
- All units have Washer & Dryer hook ups
220 T F Kirkpatrick
- Built in 2003
- Fourplex building
- 2 bedroom, 2 bath units
- 3 of 4 units renovated - painted, new flooring, new lights and ceiling fans
- All units have Washer & Dryer hook ups
222 T F Kirkpatrick
- Built in 2008
- Townhouse building
- 2 bedroom, 2.5 bath units with single car garage
- 2 of 4 units renovated - painted, new flooring, new lights and ceiling fans
- All units have Washer & Dryer hook ups
The property has two septic systems both inspected and pumped in 2026. It has one community well which had the well pump replaced in 2024 and serviced in 2026.
10 unit 3 building income producing investment
100% occupied with established tenant base
Several units leased below market offering future value-add upside
Majority of units updated/renovated
Multiple capital improvements completed
Located in Candler, NC this property is just off of NC 151. It boasts long-term views in a beautiful mountain setting but also with convenient access to the amenities and services of Asheville. It is approximately 10 miles (roughly 18 minutes) from Asheville-Buncombe Technical Community College, a comparable distance from Mission Hospital, and within reach of UNC Asheville and downtown Asheville, placing the property within a functional commuting radius of area employment, healthcare, and education centers.