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$ 369,000
Est. payment /mo
Price Dropped by $1K
5840, 5842, 5844, 5846 Aftonshire DR Fayetteville, NC 28304
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Creeks Edge
MLS Listing ID 751006
HOA Y/N No
Year Built 1985
Property Sub-Type Quadruplex
Property Description
OPPORTUNITY ZONE! Already Section 8 approved! Prime investment opportunity with this 4-unit townhouse complex, conveniently nestled off Raeford Road. Perfectly positioned close to essential amenities, including shopping centers, restaurants, daycare facilities, schools, and churches, ensuring high desirability among potential tenants. Offered "As Is," these townhomes are priced to sell quickly. Each unit has undergone renovations within the past five years, making them turnkey and ready for immediate occupancy. Market rents ranging from $950 to $1100 per unit underscore the financial viability of this investment for the discerning investor. HOA fees $40 per month per door. This listing represents one of two sets of quads available for purchase. Don't miss out on this exceptional chance to invest in a property that combines convenience, potential, and financial sense. Stats below: Cap Rate: 9%, GRM: 7.25, Rent-to-Price Ratio: 1.11%, Est. Monthly Rent(based on $1025 per unit) $4,100, Annual NOI: $33,620, CoC Return (25% down): 9.81%. All financial figures presented are estimates based on current market conditions and publicly available data. Actual performance may vary depending on tenant turnover, operating expenses, vacancy rates, financing terms, and property management decisions. Investors are encouraged to conduct their own due diligence, including inspections, rent roll analysis, and review of financial documents. Swanky Nests, LLC does not guarantee any specific return or future performance and is not acting as a financial advisor.
Location
State NC
County Cumberland
Interior
Heating Heat Pump
Cooling Central Air
Fireplace No
Exterior
Water Access Desc Public
Building
Dwelling Type Townhouse
Sewer Public Sewer
Water Public
Others
Tax ID 0406-77-6720,0406-77-6712,0406-77-6703,0406-77-579
Acceptable Financing New Loan
Listing Terms New Loan
Special Listing Condition None
Virtual Tour https://youtu.be/OJE5mneEbOI?si=rK243eghHMybXcYx
Listed by SWANKY NESTS, LLC.
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