$1,650,000

Apartment In Fayetteville

  • 36 Beds
  • 21 Baths
  • 14,000 Sqft
  • 1.7 Ac lot
  • Updated: September 30
  • Source:
    Triangle MLS (Doorify)  MLS#10186622

About the Property

24-Unit Multifamily Investment Opportunity | Fayetteville, NC Exceptional 24-unit colonial-style multifamily portfolio offering strong, turnkey cash flow with immediate value-add potential. Comprising two adjacent parcels being sold together, this property features an optimal unit mix of 12 one-bedroom and 12 two-bedroom floor plans. Investment Highlights Extensively Remodeled: 22 of the 24 units
24-Unit Multifamily Investment Opportunity | Fayetteville, NC Exceptional 24-unit colonial-style multifamily portfolio offering strong, turnkey cash flow with immediate value-add potential. Comprising two adjacent parcels being sold together, this property features an optimal unit mix of 12 one-bedroom and 12 two-bedroom floor plans. Investment Highlights Extensively Remodeled: 22 of the 24 units have been fully renovated, providing a turnkey operational foundation. Immediate Value-Add Upside: Only unit (#15) remain in original condition, ready for modern updates upon vacancy to maximize rent rolls. Strong, Consistent Cash Flow: Units currently generate steady income renting at approximately $789 per unit. Unit Mix: Balanced distribution (12 one-bedroom / 12 two-bedroom units) catering to broad market demand. Strategic Location: Desirable Fayetteville, NC location near major employers, retail, and transit. The colonial property has a new roof August 2026! There are 2 vacant units that can be viewed. Over $300,000 in renovations were done in past couple years!
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  • Property type

    Apartment

  • Year built

    1970

  • Price/sqft

    $117

Features

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210 Colonial Drive, Fayetteville, North Carolina, United States View on Google Maps
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Highgarden Real Estate NC - Raleigh

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Highgarden Real Estate NC - Raleigh
North Carolina, United States
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5
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2025
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Highgarden Real Estate NC - Raleigh
Raleigh, North Carolina, United States
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Last updated
September 30
First listed
August 15
Listing reference
10186622
Listing status
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