Estimated payment $9,995/month
Highlights
- Corner Lot
- Front Porch
- Central Air
About This Home
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.
Property Details
Home Type
- Apartment
Year Built
- Built in 1963
Additional Features
- Front Porch
- Corner Lot
- Central Air
Community Details
- 12 Units
- Eutaw Subdivision
Listing and Financial Details
- Assessor Parcel Number 0428-70-0366.000
- Seller Considering Concessions
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/06/2025 08/06/25 | For Sale | $1,549,998 | 0.0% | -- |
| 02/06/2025 02/06/25 | Rented | $925 | 0.0% | -- |
| 10/31/2024 10/31/24 | For Rent | $925 | +3.4% | -- |
| 11/18/2022 11/18/22 | Rented | $895 | 0.0% | -- |
| 11/18/2022 11/18/22 | For Rent | $895 | +5.3% | -- |
| 03/07/2022 03/07/22 | Rented | $850 | -5.0% | -- |
| 02/05/2022 02/05/22 | Under Contract | -- | -- | -- |
| 01/04/2022 01/04/22 | For Rent | $895 | 0.0% | -- |
| 12/31/2019 12/31/19 | Sold | $580,000 | 0.0% | -- |
| 12/31/2019 12/31/19 | Pending | -- | -- | -- |
| 12/07/2019 12/07/19 | For Sale | $580,000 | 0.0% | -- |
| 03/15/2019 03/15/19 | Rented | $669 | 0.0% | -- |
| 02/13/2019 02/13/19 | Under Contract | -- | -- | -- |
| 08/17/2018 08/17/18 | For Rent | $669 | -- | -- |
Source: Longleaf Pine REALTORS®
MLS Number: 748227
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