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Active
$1,375,000 Est. $9,474/mo — Get pre-qualified
4beds 2baths 2,500sq ft 4.5acres

290 Hookers Gap Road · Candler, NC 28715

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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

Features & Amenities

Living Area2,500 Sq.Ft.
Bedrooms4
Baths2
HeatingDuctless
CoolingDuctless
FireplaceYes
AppliancesDishwasher, Oven
LaundryMud Room
Exterior FeaturesFire Pit
StyleArts and Crafts,Cottage
Year Built1928
ConstructionVinyl, Wood
RoofArchitectural Shingle, Metal
FoundationSlab
StatusActive
Lot Size4.5 Acres
CountyBUNCOMBE
Property TypeResidential
Property SubTypeSingle Family Residence
Last UpdatedOct 9, 2026
SewerSeptic Installed, Shared Septic
Water SourceShared Well, Well
HOANo
ElementaryUnspecified Elementary School
MiddleUnspecified Middle School
HighUnspecified High School
Presented By: Patton Allen Real Estate LLC; bic@pattonallenre.com

Location

Property boundary from county GIS

Neighborhood Snapshot

U.S. Census Bureau, ACS 5-year estimates

Neighborhood data describes this home's U.S. Census tract and is provided for information only. Statistics describe an area, not any individual property or its residents.

Monthly Cost Estimate

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* Estimates only. Actual rates, payments, and terms vary. Consult a licensed mortgage professional.

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