1001 W Orange St, Fayetteville, NC 28301 For Sale

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.

Located in Fayetteville, North Carolina, the property offers convenient access to major transportation corridors, including Highway 401 and the Martin Luther King Jr. Freeway. Residents benefit from quick connectivity throughout the city while remaining just one exit from Historic Downtown Fayetteville, one of the area's most active destinations for dining, entertainment, and cultural attractions. Nearby amenities include Segra Stadium, museums, local restaurants, retail destinations, and community events that continue to drive activity and investment in the downtown district. The central location supports tenant demand by providing easy access to employment centers, shopping, recreation, and everyday conveniences. Its accessibility and proximity to Fayetteville's growing downtown amenities enhance the property's long-term appeal and occupancy potential.