3873 Cumberland Rd - Apartments FOR SALE


Fayetteville, NC 28306
$250,000 USD
813-710-8511
3873 Cumberland Rd, Fayetteville, NC for Sale
$250,000 USD
Apartments - FOR SALE
1/21
null | 7.61% Cap Rate

3873 Cumberland Rd
Fayetteville, NC 28306


HIGHLIGHTS

  • Turnkey furnished MTR — operate from day one with existing tenants and forward bookings
  • Two independent income streams: 3BR/2BA main house + standalone studio apartment
  • Walking distance to Cape Fear Valley Medical Center — strong travel-nurse and military demand
  • 5+ year operating history with ~85% economic occupancy and Superhost status on Airbnb
  • ~7.6% cap at asking ($250k), owner self-managed — upside with pro management

OVERVIEW

TURNKEY TWO-UNIT FURNISHED MID-TERM RENTAL (MTR) — 5+ year operating history, sold as a running business, not a conventional rental. BUYER FILTER: Income is produced by operating furnished (Airbnb + Furnished Finder + direct mid-term tenants). Unfurnished market rents in this submarket do not support these numbers. If you're a traditional buy-and-hold landlord, this is not your deal. If you're an MTR/STR operator ready to step into a running operation, keep reading. THE PROPERTY • Two separate units: 3 bed / 2 bath house + standalone studio apartment • ~1,600 SF total, both units fully furnished • Steady demand from traveling medical staff and military near Cape Fear Valley Medical Center • Lot size: 9,583 SF (0.22 acre) • Built 1966 | Windows replaced 2025 | Bathroom addition 2021 | Roof 2018 2025 ACTUALS • Gross income: $33,547 • NOI: $19,017 • Cap rate: ~7.6% at asking, owner self-managed • ~85% economic occupancy across two independent income streams WHAT TRANSFERS AT CLOSE • All furniture, appliances, supplies — both units • Established Airbnb listings — Superhost status, strong reviews, full booking history • Existing tenants and forward bookings — cash flow from day one • Vendor team (cleaning, maintenance, pest, HVAC) and operating SOPs TERMS Cash strongly preferred. Partial seller/creative financing considered for qualified buyer with substantial down payment. Serious inquiries only. Proof of funds required before detailed financials. Full investor packet available to qualified buyers. This property is occupied, please do not disturb guests.

FOR SALE DETAILS

PRICE

$250,000 USD

PRICE/SF

$153 USD /SF

# OF UNITS

2

PRICE/UNIT

$125,000

CAP RATE

7.61%

% LEASED

85%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Turnkey Two-Unit Furnished MTR

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1966

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

R10

APN/PARCEL ID

0415-79-3400

ASK ABOUT THIS PROPERTY

Hank AlemanyOrynMore Info
813-710-8511

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Hank AlemanyOrynMore Info
813-710-8511

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