5840 Aftonshire Dr - Apartments FOR SALE


Fayetteville, NC 28304- Cliffdale
$385,900 USD
910-929-5664
5840 Aftonshire Dr, Fayetteville, NC for Sale
$385,900 USD
Apartments - FOR SALE
1/14
null | 8.4% Cap Rate

5840 Aftonshire Dr
Fayetteville, NC 28304
Cliffdale


HIGHLIGHTS

  • Opportunity Zone
  • Section 8 Approved
  • Attractive financial metrics (Cap Rate, GRM, Cash-on-Cash)
  • Low monthly operating costs (HOA)
  • Proximity to shopping, schools, parks, medical centers, and military bases
  • Recently Renovated Within The Last 5 Years

OVERVIEW

Rare Turnkey 4-Unit Investment in Opportunity Zone – Strong Cash Returns 2 Available Building (Both with 4 Units Each). *This listing is for 1 Building Located in an Opportunity Zone, this 4-unit townhouse complex offers significant incentives for investors, such as tax advantages and potential community development benefits. All units have undergone renovations within the last five years, so they're move-in ready and offered “As-Is”. Market Rents: Estimated between $950–$1,100 per unit Estimated Monthly Rent (Total): ~$4,100 Cap Rate: 8.4% GRM: 8.1 Cash-on-Cash Return (25% down): 9.08% Low HOA Fee - Enjoy minimal overhead with a monthly HOA fee of just $40. Conveniently situated off Raeford Road, the property is within close proximity to shopping centers, restaurants, daycare facilities, schools, and churches—boosting tenant appeal. Built in 1985 Each unit offers 2 beds, 1.5 baths, and approximately 1,024 sq ft Total lot size is about 4,356 sq ft Equipped with central air and heat pump heating systems Schools Nearby (All within ~2 miles): Brentwood Elementary – 0.6 mi (GreatSchools rating: 5/10) Lewis Chapel Middle – 0.9 mi (5/10) Seventy-First High School – 1.8 mi (3/10) Convenient Access To: Medical Facilities: Cape Fear Valley Medical Center (~4.2 mi, ~9 min drive) Parks & Attractions: Lake Rim Park, Fascinate-U Children's Museum, Mazarick Park (~5–7 miles away) Military Access: Fort Bragg Manchester (~9.7 miles) and Pope Air Force Base (~11.6 miles)—ideal for military personnel renters

FOR SALE DETAILS

PRICE

$385,900 USD

PRICE/SF

$96 USD /SF

# OF UNITS

4

PRICE/UNIT

$96,475

CAP RATE

8.4%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Aftonshire Quad-2 Buildings Available

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1980

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,276 SF

ZONING

SF6

APN/PARCEL ID

0406-77-6720

ASK ABOUT THIS PROPERTY

Lindsey PelaezSwanky Nests, LLCMore Info
910-929-5664

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Lindsey PelaezSwanky Nests, LLCMore Info
910-929-5664

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