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