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