116 & 118 Holcombe Cove Rd
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116 & 118 Holcombe Cove Rd
3 Unit Apartment Building $5,000,000 ($1,666,667/Unit) Candler, NC 28715
INVESTMENT HIGHLIGHTS
- Just under 15 minutes from downtown Asheville, blending rural tranquility with urban accessibility.
- Active and thriving short-term rental operations providing a steady income stream.
- A unique property reminiscent of the magical ambiance of the Biltmore Estate.
- A successfully running wedding venue that combines rustic charm with enchanting surroundings.
- Ample space for agricultural activities, whether for crops, livestock, or other sustainable ventures.
- Includes three separate living units, offering flexibility for families, guests, or rental income opportunities.
EXECUTIVE SUMMARY
Welcome to a unique and enchanting property nestled on over 52.8 acres of picturesque land in Candler, NC. This multifamily farmstead is a true unicorn, offering a blend of rustic charm and modern conveniences, perfect for those seeking a
serene lifestyle with plenty of space for family, friends, and hobbies. Just less than 15 minutes from downtown Asheville,
this property is a rare find, reminiscent of Biltmore Estate-like magic. This property offers three separate living units,
providing flexibility and potential rental income. Relax on the porch and take in the expansive acreage with rolling hills,
mature trees, and open pastures. Ideal for farming, equestrian pursuits, or simply enjoying the great outdoors. This
property is currently a successfully operating wedding venue including active and successful short-term rentals, and
current horse boarding. See website for more information https://www.canaanvalleyforsale.com/
serene lifestyle with plenty of space for family, friends, and hobbies. Just less than 15 minutes from downtown Asheville,
this property is a rare find, reminiscent of Biltmore Estate-like magic. This property offers three separate living units,
providing flexibility and potential rental income. Relax on the porch and take in the expansive acreage with rolling hills,
mature trees, and open pastures. Ideal for farming, equestrian pursuits, or simply enjoying the great outdoors. This
property is currently a successfully operating wedding venue including active and successful short-term rentals, and
current horse boarding. See website for more information https://www.canaanvalleyforsale.com/
PROPERTY FACTS
| Price | $5,000,000 | Building Class | C |
| Price Per Unit | $1,666,667 | Lot Size | 4.73 AC |
| Sale Type | Investment | Building Size | 12,931 SF |
| No. Units | 3 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1992 |
| Property Subtype | Apartment | Parking Ratio | 2.71/1,000 SF |
| Price | $5,000,000 |
| Price Per Unit | $1,666,667 |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 4.73 AC |
| Building Size | 12,931 SF |
| No. Stories | 2 |
| Year Built | 1992 |
| Parking Ratio | 2.71/1,000 SF |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $354,100 | Total Assessment | $354,100 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$354,100
Improvements Assessment
$0
Total Assessment
$354,100
ZONING
| Zoning Code | R-LD (Residential) |
| R-LD (Residential) |
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116 & 118 Holcombe Cove Rd
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