- For Sale $1,895,000
- Property Type Multi-Family
- Property Size 10,128 SF
- Units 10
- Lot Size 2.5 Acre
- Building Class B
- Year Built 2001
- Year Renovated 2025
- Date Updated Aug 31, 2026
Description
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.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.
Highlights
- 10 unit 3 building income producing investment
- 100% occupied with established tenant base
- Majority of units updated/renovated
- Multiple capital improvements completed
- Several units leased below market offering future value-add upside
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Contacts
Austin Walker, CCIM, SIOR
Whitney Commercial Real Estate Services
Location
Contact Listing Broker
Austin Walker, CCIM, SIOR
Whitney Commercial Real Estate Services