22-Unit Townhome
0000 Susan Tart Rd, Dunn, NC 28334
For Sale
$6,000,000
Planned residences pair three-bedroom layouts with garages and covered rear porches.
Property Size34,200 SF
Days on Market11
Property Features for 0000 Susan Tart Rd
General Information
Standard status
Size
Property subtype
Net Operating Income
Additional Details
Asking Price
Highway Access
Multifamily Units
Amenities
garages
covered rear porches
Building Details
Building Size
Year Built
Listing Agency:
Grant-Murray Real Estate, LLC
Listed By:
Patrick Murray, CCIM, SIOR · License #NC #231098
(910) 861-0449
Source:
Grantmurrayre
Added: Oct 30
Changed: Nov 2
Last Checked: Nov 8 at 4:05AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Grant-Murray Real Estate, LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The planned multifamily project comprises 22 townhomes, each designed with three bedrooms, a garage, and a covered porch at the rear. Individual fee-simple lots provide separate ownership for each home. Delivery is anticipated in 2027.
The property is near Betsy Johnson Hospital and I-95, with access to both from the Dunn area.
The property is near Betsy Johnson Hospital and I-95, with access to both from the Dunn area.
Key Highlights
- 22 townhomes planned for delivery in 2027
- Three bedrooms in each residence
- Garages and covered rear porches
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$258,756
Cap Rate
4.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,175,120
$5.2M
Cap Rate 7%
$3,696,514
$3.7M
Cap Rate 9%
$2,875,067
$2.9M
Market Conditions
NOI Build-Up for 34,200 SF
Gross rent
$504.8K $14.76/SF
− Vacancy
−$34.3K −$1.00/SF
EGI
$470.5K $13.76/SF
− OpEx
−$211.7K −$6.19/SF
NOI
$258.8K $7.57/SF
Area
Harnett County, NC
Vacancy
6.80%
Lease Rate
$14.76 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,175,120
Cap Rate 7%
$3,696,514
Cap Rate 9%
$2,875,067
Alternative Uses
Best Use
Apartment 5plus
$3.70M
$3.23M – $4.31M
NOI $258,756 @ 7.0% cap · market cap 4.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.44M
$6.51M – $8.69M
NOI $521,142 @ 7.0% cap · market cap 8.69%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
22
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
434
Businesses Nearby
Explore this area
Business Placement
Demographics for 28334, NC
23,697
Population
10,339
Households
2.3
Avg Household Size
42
Median Age
18%
College-Educated
86%
High-School Grad
160.3 sq mi
ZIP Area
148
Density / Sq Mi
$54,527
Median Household Income
$37,967
Median Earnings
$826
Median Rent
$171,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - Planned residences pair three-bedroom layouts with garages and covered rear porches.
Where is this multifamily property located?
The property is located at 0000 Susan Tart Rd Dunn, NC.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: 22 townhomes planned for delivery in 2027; Three bedrooms in each residence; Garages and covered rear porches
