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For Sale

6 UNITS 549k TURN KEY 9.5 CAP RATE

1001 W Orange St,
Fayetteville, NC 28301

Asset Snapshot

1953
Year Built
1
Floor Count
6 Units
Unit Count
0 SF
Average Unit Size
3,564 SF
Property Size

Offering Summary

Investment Overview

This fully renovated six-unit multifamily asset offers investors a turnkey opportunity with immediate cash flow and 100% occupancy. The property has undergone a comprehensive renovation program designed to minimize future capital expenditures, including a new roof, replacement windows, exterior paint, mini-split HVAC systems, updated cabinetry and countertops, new flooring, modern lighting fixtures, and numerous additional improvements throughout. Current operations generate a gross annual income of $70,752 and a net operating income of $52,260, supporting a strong 9.5% cap rate. With no deferred maintenance and professionally maintained units, the property provides a stable investment profile well suited for both seasoned investors and buyers seeking a low-maintenance addition to their portfolio. The combination of updated infrastructure, strong occupancy, and attractive financial performance creates an opportunity for immediate and reliable returns.


Investment Highlights

  • Turnkey six-unit multifamily investment
  • 100% occupied with stable income
  • New roof and replacement windows
  • Comprehensive interior renovations completed
  • NOI of $52,260 annually
  • Strong 9.5% cap rate

How it Works

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Listing Syndicated From

Buildout
For Sale
$549,000
Asking Price