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32441967
32441973

157 Old Shaw Road, Fayetteville, NC 28303 For Sale

AT
NC NC272441
Townsend real estate
Listed by Townsend real estate
$999,000
70 days on market
Updated 32 days ago

157 OLD SHAW RD FAYETTEVILLE NC 28303-3597

Details
APN 0419-31-1984
Property Type Multifamily
Sub Type Apartment Building
Square Footage 2,354
Units 2
Cap Rate 9.28%
NOI $92,670
Occupancy 90%
Tenancy Multi
Rent Bumps No
Class D
Year Built 1940
Year Renovated 2019
Buildings 3
Stories 1
Lot Size (SqFt) 41,873
Zoning MR5
Investment Type Net Lease
Sale Condition N/A

About This Property for Sale

Marketing description

Multifamily • 10 Units

157 Old Shaw Rd presents an excellent multifamily investment opportunity featuring a 10-unit apartment complex with strong in-place occupancy and consistent rental income. The property offers investors immediate cash flow with an average monthly rent of $871.06 per unit, providing both stable income and future upside potential through continued rental growth and operational efficiencies.

This asset is well-positioned for investors seeking a professionally maintained multifamily property in a growing rental market. The unit mix and steady tenant demand make this an attractive addition to any investment portfolio, whether for a seasoned operator or first-time multifamily investor.

Financial information, including income and expense figures, has been provided by the property owner. Buyers are encouraged to conduct their own independent due diligence and verification of all financials and property information.

Contact listing agent for additional details, rent roll, and financial package.

Investment highlights

157 Old Shaw Rd presents an excellent multifamily investment opportunity featuring a 10-unit apartment complex with strong in-place occupancy and consistent rental income. The property offers investors immediate cash flow with an average monthly rent of $871.06 per unit, providing both stable income and future upside potential through continued rental growth and operational efficiencies.

This asset is well-positioned for investors seeking a professionally maintained multifamily property in a growing rental market. The unit mix and steady tenant demand make this an attractive addition to any investment portfolio, whether for a seasoned operator or first-time multifamily investor.

Financial information, including income and expense figures, has been provided by the property owner. Buyers are encouraged to conduct their own independent due diligence and verification of all financials and property information.

Contact listing agent for additional details, rent roll, and financial package.

Listing Contacts

AT
NC NC272441
Townsend real estate
Listed by Townsend real estate

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$92,670.00
$7,722.50/mo

Valuation Metrics

0
DSCR
9.28%
Cap Rate
9.28%
ROI

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Additional Information

Name
Alex Townsend
License
NC272441
Brokerage
Townsend Commercial
Title
Principal Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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