816 Pilot Avenue, Fayetteville, NC 28303

Local realty services provided by:ERA Strother Real Estate
816 Pilot Avenue,Fayetteville, NC 28303
$1,549,998
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:mark pelaez
Office:swanky nests, llc.
MLS#:748227
Source:NC_FRAR

Price summary

  • Price:$1,549,998

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.

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Home facts

  • Year built:1963
  • Listing Id #:748227
  • Added:8 day(s) ago
  • Updated:August 13, 2025 at 04:38 PM

Heating and cooling

  • Cooling:Central Air, Electric

Structure and exterior

  • Year built:1963

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,549,998