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816 Pilot Avenue

Fayetteville, NC 28303
  • $1,499,998
  • STATUS: Active
  • ON SITE: 118 Days
  • ID#: LP748227
UPDATED: 57 min ago
$1,499,998
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1963
County:
Area:

School Ratings & Info

Triangle MLS logoListing courtesy of SWANKY NESTS, LLC.: .
© 2025 Doorify MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.

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.

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Triangle MLS logo©2025 Doorify MLS, Inc. of North Carolina. All rights reserved. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Data last updated 2025-12-10T09:51:06.61.
www.culturerealty.com/homes/166856680
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816 Pilot Avenue Fayetteville, NC 28303

  • Price: $1,499,998
  • Status: Active
  • On Site: 118 Days
  • Updated: 57 min ago
  • ID#: LP748227
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1963
Built
County:
Cumberland
Area:
Fayetteville
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.
Exterior Features

Lot Features Corner Lot Patio And Porch Features Front Porch Pool Private YN No

Interior Features

Cooling Central Air Cooling YN Yes Heating YN Yes

Property Features

Property Sub Type Apartment Utilities Natural Gas Not Available View YN Yes Zoning MR5 - Mixed Residential



Triangle MLS logo©2025 Doorify MLS, Inc. of North Carolina. All rights reserved. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Data last updated 2025-12-10T09:51:06.61.
 
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Choice Residential Real Estate
256 W Millbrook Road
Raleigh NC, 27609
Triangle MLS logoListing courtesy of SWANKY NESTS, LLC.: .
© 2025 Doorify MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.