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    1600 Easterling Dr Spring Lake, NC 28390

    For Sale
    $1,308,127

    MULTI_FAMILY - Other - Spring Lake, NC

    Days on Market:
    56
    Last Refresh:
    Dec 11 at 6:06 am

    Property Features for 1600 Easterling Dr

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    APN
    9592-93-5903.000

    Utilities

    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1937
    Floors in Building
    1
    Number of units
    16
    Building materials
    WoodFrame
    Architectural style
    Other

    THE ENTENTE REAL ESTATE GROUP (910) 527-8036

    Listing agent EMELIA NOA (910) 527-8036 License #218506

    Listing date Oct 17, 2025

    Copyright © 2025 Longleaf Pine Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Spring Lake Multifamily Investment Opportunity

    This 16-unit multifamily property in Spring Lake, North Carolina, is a turn-key asset. The property is fully leased, presenting a value-add opportunity. Situated on over 8 acres of land, the property has been recently updated. Located adjacent to Fort Liberty, the property benefits from a military population where tenants commonly pay via BAH allowances, and is embedded in an area that is constantly moder.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Auto Repair Shop Clothing Store Hotel & Motel Auto Parts Store Gym & Fitness Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Spring Lake
    County
    Cumberland
    State
    North Carolina
    Longitude
    -79.001676
    Latitude
    35.189593

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    FAQs

    What type of property is this?
    Apartment building - Turn-key, 16-unit property near Fort Liberty on 8 acres.
    Where is this apartment building located?
    The property is located at 1600 Easterling Dr Spring Lake, NC.
    What is the asking price?
    The asking price for this property is $1,308,127.
    What are key features of this property?
    This property features: - Fully leased 16-unit property offers immediate income.; - Located adjacent to Fort Liberty, providing a stable tenant base.; - Value-add opportunity exists for increased revenue.
    (910) 527-8036
    Request Owner's contact information
    1600 Easterling Dr Spring Lake, NC 28390
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1600 Easterling Dr Spring Lake, NC 28390
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