Log In/Sign Up
Your email has been sent.
Multi-Family in Candler/ 8 units 1 Multifamily Properties Offered at $1,902,381 CAD in Candler, NC
Investment Highlights
- Quiet natural setting with mountain views
- Consistent cashflow year over year
- Long-term tenants and property management in place
Executive Summary
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.
Taxes & Operating Expenses (Actual - 2025) |
Annual (CAD) |
|---|---|
| Gross Rental Income |
$178,312
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$178,312
|
| Taxes |
$5,547
|
| Operating Expenses |
$37,858
|
| Total Expenses |
$43,405
|
| Net Operating Income |
$134,907
|
Taxes & Operating Expenses (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $178,312 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $178,312 |
| Taxes (CAD) | |
|---|---|
| Annual | $5,547 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $37,858 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $43,405 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $134,907 |
Property Facts
| Price | $1,902,381 CAD | Number of Properties | 3 |
| Price / SF | $895.66 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 7.09% | Total Building Size | 2,124 SF |
| Sale Type | Investment | Total Land Area | 1.41 AC |
| Status | Active |
| Price | $1,902,381 CAD |
| Price / SF | $895.66 CAD / SF |
| Cap Rate | 7.09% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 2,124 SF |
| Total Land Area | 1.41 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 290 Hookers Gap Rd, Candler, NC 28715 | Multifamily | 2,124 SF | 1928 | - |
1 1
1 of 44
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Multi-Family in Candler/ 8 units
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.