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$880,000 / 8br - 4440ft2 - 4-plex + 2 RV pads FSBO (Candler)
Old Candler Town Rd, Candler, NC 28715
Old Candler Town Rd near Queen Rd
8BR / 5Ba
4440ft2
available jan 15
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This is; 1) a turnkey business that generates about $9,000/mo with all spaces rented; 2) It also offers much needed affordable housing for about 13 people (including the two couples on the 2 RV pads); 3) It's set up to generate a sense of community and healthy living among residents who can and do garden together - and I might add they all are wonderful people - I lived there up until just recently; 4) It is in a semi-rural area and yet just 15 minutes from the heart of downtown Asheville, which means it has always has been easy to get good renters as needed; 5) In addition to being a long-successful business, the property itself is a great real estate investment, especially since it’s located where property values are going up, and; 6) I am happy to offer plenty of practical support to the next steward during ownership transition, if desired.
Shared amenities for residents include a large front porch and back patio, abundant organic gardens, a fire pit, compost bins, garden shed, a washer/dryer laundry area, clotheslines, and various sitting areas with chairs for private contemplation or socializing. It also has easy access to nearby grocery and retail stores, restaurants, parks (one with an 18-hole Disk Golf Course), hiking, etc.
All the furnishings provided to tenants will convey - from beds and dining room sets to kitchenware, plus all appliances including 2 front-loading washers and a dryer, all the outdoor furniture, etc.etc. Plus, the reliable, high-speed, property-wide internet system that is set up stays. If you want to move into the large (1400 SF), 2-BR apt we just vacated, you can get a residential 30-year fixed loan.
Why am I selling? I have loved living in this “unintentional” community and never thought I would leave. Thus, I generously upgraded the place over time. However, I got married last year and after 21 years of living there, it’s simply time for me (now "us") to move on.
If interested in securing this unique investment opportunity, please text me, Gaya, at show contact info . I can send you the long list of improvements done over the years, and info on the income and expenses. I’ve had several people interested, so contact me soon!