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