816 Pilot Avenue
Fayetteville, NC 28303
$1,499,998
Sq. Ft.: N/A
Type: House
Listing #748227
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 Features
County: Cumberland
Latitude: 35.06975
Longitude: -78.909555
Subdivision: EUTAW
Directions: Please use google maps
Cooling: Central Air, Electric
Total Number of Units: 12
Style: Other
Exterior: Corner Lot, Porch
Water / Sewer: Public Sewer
Water: Public
Patio / Deck Description: Front Porch, Porch
Lot Size in Acres: 0
Property Type: SFR
Property SubType: Apartment
Property SubType 2: Multi Family
Year Built: 1963
Status: Active
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Seller's Representative:
SWANKY NESTS, LLC.
SWANKY NESTS, LLC.
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FRAR Long Leaf data last updated at October 28, 2025, 6:35 AM ET
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