MULTIFAMILY DEVELOPMENT OPPORTUNITY | FAYETTEVILLE, NC

Investment Overview

6566 Cliffdale Road offers approximately 22 acres with compelling potential for a large-scale multifamily development along one of Fayetteville’s established apartment corridors. The property is currently zoned SF-10, and a higher-density multifamily development would require rezoning, providing a developer the opportunity to pursue a site plan and density suited to the property and surrounding growth patterns. Water and sewer are reported at or on the property, an important advantage when evaluating future residential development. Approximately two acres of the site consist of a pond, creating the potential for an attractive water feature that could be incorporated into the community design, with select units oriented toward the water. Three commercial outparcels are also available, offering additional development opportunities along the corridor; the outparcels are not currently priced and are subject to offer. With substantial acreage, available utilities, commercial outparcel opportunities, and a setting surrounded by residential and commercial uses, the property offers a strong foundation for developers evaluating the next generation of housing along the Cliffdale Road corridor.

Investment Highlights

• Approximately 22 acres on Cliffdale Road
• Potential higher-density multifamily development opportunity
• Three commercial outparcels are available.
• Outparcels unpriced and subject to offer
• Water and sewer reportedly available
• Approximately two-acre pond/water feature
• Between four of Fayetteville’s busiest corridors
• Minutes from I-295 and Fort Bragg