812-830 Pilot Ave - Apartments FOR SALE


Fayetteville, NC 28303- Terry Sanford
$1,499,998 USD
910-929-5664
812-830 Pilot Ave, Fayetteville, NC for Sale
$1,499,998 USD
Apartments - FOR SALE
1/23
null | 6.93% Cap Rate

812-830 Pilot Ave
Fayetteville, NC 28303
Terry Sanford


OVERVIEW

Turnkey 12-Unit Townhome Portfolio | Fayetteville, NC | $1.55M | 6.7% Cap Investor-ready and professionally managed, this 12-unit townhome package features strong income, low expenses, and built-in upside. Currently bringing in over $140K in annual gross rents fully occupied with one current vacancy for viewing and several units under market, this stabilized asset is priced at a 6.7% cap rate with $104K NOI. * 2 Airbnb units + pet fee income (additional option for coin based laundry as well.) * Nearly $100K in recent upgrades * Tenants pay trash & utilities for 2 bed units and 2 of the (1) bed units * Townhome-style = future fee simple exit potential * Strong demand near Fort Bragg * Room to raise rents. Easy to manage. Great for in-state or out-of-state investors.

FOR SALE DETAILS

PRICE

$1,499,998 USD

PRICE/SF

$300 USD /SF

# OF UNITS

12

PRICE/UNIT

$125,000

CAP RATE

6.93%

% LEASED

67%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pilot Avenue Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1970

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,810 SF

ZONING

R5A

APN/PARCEL ID

0428-70-0366

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.