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816 Pilot AVE Fayetteville, NC 28303
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Key Details
Property Type Multi-Family
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Eutaw
MLS Listing ID 748227
Style Other
HOA Y/N No
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.
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
Fireplace No
Exterior
Exterior Feature Corner Lot, Porch
Water Access Desc Public
Porch Front Porch, Porch
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Others
Tax ID 0428-70-0366.000
Ownership More than a year
Special Listing Condition None
Listed by SWANKY NESTS, LLC.
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