116 & 118 Holcombe Cove Rd - Apartments FOR SALE


Candler, NC 28715
$5,000,000 USD
828-620-2541
116 & 118 Holcombe Cove Rd, Candler, NC for Sale
$5,000,000 USD
Apartments - FOR SALE
1/63
null | Request Cap Rate

116 & 118 Holcombe Cove Rd
Candler, NC 28715


HIGHLIGHTS

  • Just under 15 minutes from downtown Asheville, blending rural tranquility with urban accessibility.
  • A successfully running wedding venue that combines rustic charm with enchanting surroundings.
  • Active and thriving short-term rental operations providing a steady income stream.
  • Ample space for agricultural activities, whether for crops, livestock, or other sustainable ventures.
  • A unique property reminiscent of the magical ambiance of the Biltmore Estate.
  • Includes three separate living units, offering flexibility for families, guests, or rental income opportunities.

OVERVIEW

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/

FOR SALE DETAILS

PRICE

$5,000,000 USD

PRICE/SF

$387 USD /SF

# OF UNITS

3

PRICE/UNIT

$1,666,667

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1992

PARKING SPACES

35

LAND DETAILS

LAND ACRES

4.73 AC

LAND SF

206,039 SF

ZONING

R-LD

APN/PARCEL ID

9608-84-5023-00000,9608-84-5346-00000,9608-84-7200-00000,9608-95-1451-00000

ASK ABOUT THIS PROPERTY

Tyler CooneXp RealtyMore Info
828-620-2541

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Tyler CooneXp RealtyMore Info
828-620-2541

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.