www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
28159181
28159191

3010 Alibird Ln, Carthage, NC 28327

SC
NC 360974
eXp Realty
Listed by eXp Realty
$239,900
214 days on market
Updated 51 days ago

Carthage Townhome | $1,800–$2,300 Rental Potential

Details
Property Type Multifamily, Special Purpose
Sub Type Apartment Building, Student Housing
Square Footage 1,418
Net Rentable (SqFt) 1,418
Units 1
Beds 3
Cap Rate 10.36%
NOI $24,848
Occupancy 100%
Tenancy Single
Lease Type Net
Remaining Term 0.2
Pro-Forma Cap Rate 10.86%
Pro-Forma NOI $26,048
Price per SqFt $169
Year Built 2022
Year Renovated 2024
Stories 2
Zoning cartha
Parking Spaces 2 spaces
Parking Per SqFt 1.41
Investment Type Stabilized
Lease Commencement 03/31/2025

Successful Short Term Rental/corporate housing Business for Sale | 1,418 SqFt

Marketing description

Strong demand driven by proximity to Pinehurst, Sanford, and Raleigh employment corridors.Turn-Key Investment Opportunity — Proven 9-11% cap rate

This 3BR/2.5BA townhome offers a compelling investment opportunity with demonstrated rental performance and multiple income strategies.

The property has previously generated up to $2,300/month as a mid-term corporate rental and approximately $1,800/month with a traditional annual lease, providing flexibility for investors to optimize returns based on market conditions.

Located in Carthage, the home is well-positioned to serve tenant demand from nearby Pinehurst, as well as commuters to Sanford and the greater Raleigh area. This makes it particularly attractive for healthcare, golf/hospitality, and service-sector professionals seeking convenient, quality housing.

The property features 3 bedrooms, 2.5 baths, and a 1-car garage, with low-maintenance living as landscaping and yard care are handled by the HOA.

Recently reduced to $239,900, the pricing is now more aligned with comparable sales while still offering upside through rental optimization.

This is an ideal opportunity for investors seeking stable cash flow with the added benefit of mid-term rental flexibility in a high-demand corridor.

Proven rental performance with flexibility for both long-term and mid-term corporate tenants.

This beautifully maintained 3-bed, 2.5-bath end-unit townhome is a ready-made income producer with a strong rental history in both corporate housing and short-term rentals. With additional offer for furnishings, this 3-year-old property could deliver immediate cash flow.

Inside, you’ll find modern finishes, upgraded flooring, granite countertops, and stainless-steel appliances (all just 1 year old). The private back patio backs to a wooded buffer, offering peace and privacy that attract discerning tenants.

Previously leased for $2,300/month, the property has previously commanded up to $2,600/month, generating a CAP rate between 9 and 14% depending on rental strategy.

Conveniently located near Pinehurst’s world-renowned golf courses and the Moore County medical corridor, this low-maintenance home appeals to professionals, traveling nurses, and golf vacationers alike.

At $239,900, this is an exceptional opportunity to acquire a performing, turn-key asset in one of North Carolina’s fastest-growing lifestyle markets.

This modern townhome needs nothing! Appliances are only a year old. Successful rental history to traveling nurses, US Open vacationers, military relocation. Refrigerator and washer/dryer do not convey at this price.

Investment highlights

Current Rent: $2100/mo

Proforma Rent $2300/mo midterm furnished or $1800/mo year lease unfirnished. (based on history and current comps)

HOA $150/mo

Taxes $137/mo

Insurance $141/mo

Listing Contacts

SC
NC 360974
eXp Realty
Listed by eXp Realty

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$24,848.00
$2,070.67/mo

Valuation Metrics

0
DSCR
10.36%
Cap Rate
10.36%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Sarah Casey
License
360974
Brokerage Phone
888-584-9431
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591