Property Description

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 consistentTF 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 ups220 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 ups222 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 upsThe 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.

Property Features