6535 Summertime Apartments, 6535 Jeffrey Dr - Apartments FOR SALE


Fayetteville, NC 28314- Westover
$16,500,000 USD
910-309-6553
6535 Summertime Apartments, 6535 Jeffrey Dr, Fayetteville, NC for Sale
$16,500,000 USD
Apartments - FOR SALE
1/60
null | Request Cap Rate

6535 Summertime Apartments, 6535 Jeffrey Dr
Fayetteville, NC 28314
Westover


OVERVIEW

144 units in 18ea 2-story buildings (80ea 2-bd, 1.5ba & 64ea 1-bd, 1 ba). Swimming pool and pool house. Equidistant between Fort Bragg and primary shopping district. 4 minutes from I-295 in northwest city limits. Gross rents in 2024 of $1.24M. List price equates approximately to $120,000/2bd and $109,000/1bd.

FOR SALE DETAILS

PRICE

$16,500,000 USD

PRICE/SF

$109 USD /SF

# OF UNITS

144

PRICE/UNIT

$114,583

CAP RATE

Request Cap Rate

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Summertime Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1978

PARKING SPACES

260

LAND DETAILS

LAND ACRES

2.24 AC

LAND SF

97,574 SF

ZONING

R5A

APN/PARCEL ID

9497-58-9190,9497-67-1944,9497-67-3816,9497-67-4927,9497-68-1454

ASK ABOUT THIS PROPERTY

Bill McFadyenRiddle Commercial Properties, Inc.More Info
910-309-6553

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

Bill McFadyenRiddle Commercial Properties, Inc.More Info
910-309-6553

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