Fayetteville, NC 28303,816 Pilot Avenue
Fayetteville, NC 28303,816 Pilot Avenue
Fayetteville, NC 28303,816 Pilot Avenue
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$1,499,998
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816 Pilot Avenue Fayetteville, NC 28303

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Karena Stipp, ABR, SRES, CSHP

Karena Stipp, ABR, SRES, CSHP

+1(919) 473-3676

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Key Details

Property Type Single Family Home, 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

Senior Community No

Tax ID 0428700366.000


Doorify MLS / Triangle MLS

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Karena Stipp, ABR, SRES, CSHP

Karena Stipp, ABR, SRES, CSHP

Broker | License ID: 314006

+1(919) 473-3676

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816 Pilot Avenue