816 Pilot AVE Active Save Request In-Person Tour Request Virtual Tour
Fayetteville,NC 28303
Key Details
Property Type Multi-Family
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Eutaw
MLS Listing ID 748227
Style Other
Year Built 1963
Property Sub-Type Apartment
Property Description
Turnkey 12-Unit Townhome Portfolio | Fayetteville, NC | $1.55M | 6.7% Cap
Investor-ready and professionally managed, this 12-unit townhome package features strong income, low expenses, and built-in upside. Currently bringing in over $140K in annual gross rents fully occupied with one current vacancy for viewing and several units under market, this stabilized asset is priced at a 6.7% cap rate with $104K NOI.
* 2 Airbnb units + pet fee income (additional option for coin based laundry as well.)
* Nearly $100K in recent upgrades
* Tenants pay trash & utilities for 2 bed units and 2 of the (1) bed units
* Townhome-style = future fee simple exit potential
* Strong demand near Fort Bragg
* Room to raise rents. Easy to manage. Great for in-state or out-of-state investors.
Location
State NC
County Cumberland
Interior
Cooling Central Air,Electric
Exterior
Exterior Feature Corner Lot,Porch
Building
Sewer Public Sewer
Water Public
Others
Special Listing Condition None