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Listed by SWANKY NESTS, LLC.
$ 1,549,998
Est. payment /mo
Active
816 Pilot Avenue Fayetteville, NC 28303
UPDATED:
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID LP748227
Year Built 1963
Property Sub-Type Apartment
Source Triangle MLS
Property Description
Turnkey 12-Unit Townhome Portfolio | Fayetteville, NC | $1.55M | 6.7% CapInvestor-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.
Location
State NC
County Cumberland
Zoning MR5 - Mixed Residential
Direction Please use google maps
Interior
Cooling Central Air
Exterior
Utilities Available Natural Gas Not Available
View Y/N Yes
Porch Front Porch
Private Pool No
Building
Lot Description Corner Lot
Faces Please use google maps
Others
Tax ID 0428700366.000
