222 T F Kirkpatrick Way, Candler, NC for sale

Investment Overview

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 consistently desirable destination for tenants who enjoy the long-term views in a beautiful mountain setting, with convenient access to the amenities and services of the greater Asheville area. 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.

Investment Highlights

• 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