816 Pilot Avenue new to site Save Request In-Person Tour Request Virtual Tour
Fayetteville,NC 28303
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
MLS Listing ID LP748227
Year Built 1963
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
Interior
Cooling Central Air
Exterior
Utilities Available Natural Gas Not Available
View Y/N Yes
Building
Lot Description Corner Lot