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24-Unit Apartment Community
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1043 Rulnick Street, Fayetteville, NC 28304

Six-building multifamily property in Fayetteville with MR5 zoning.

Property Size18,600 SF
Days on Market13

Property Features for 1043 Rulnick Street

General Information

Standard status Active
Size 18,600 SF
Class C
Total Parking Spaces 30
Property subtype Multifamily
Zoning MR5
Occupancy 70%
Investment Type Value Add

Additional Details

Multifamily Units 24

Building Details

Year Built 1969
Year Renovated 2021
Buildings 6
Stories 1
Units 24
Tenancy Multi
Listing Agency: Multifamily USA
Listed By: Scott Bayer · License #NC
Source: Crexi
Added: Aug 24 Changed: Sep 3 Last Checked: Sep 4 at 6:22AM

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 Multifamily USA

Investment Insights

Based on property information with market context.

This multifamily property contains 24 apartment units distributed across six buildings. Constructed in 1969, the asset is located at 1043 Rulnick Street in Fayetteville, North Carolina, and carries MR5 zoning.

Key Highlights

  • 24 apartment units across six buildings
  • MR5 zoning
  • Built in 1969

Property Analytics

Current Use

Adeanco Landscaping

Suggested Use

Top Pick Law Firm Real Estate Agency Daycare Center Dental Office Parking Lot & Garage Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

24
Residential units

Location Intelligence

Trade Area within ½ mile

293
Businesses Nearby

Demographics for 28304, NC

37,120
Population
16,424
Households
2.3
Avg Household Size
37
Median Age
25%
College-Educated
92%
High-School Grad
17.4 sq mi
ZIP Area
2,133
Density / Sq Mi
$57,867
Median Household Income
$35,907
Median Earnings
$1,218
Median Rent
$154,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Six-building multifamily property in Fayetteville with MR5 zoning.
Where is this apartment building located?
The property is located at 1043 Rulnick Street Fayetteville, NC.
What are key features of this property?
This property features: 24 apartment units across six buildings; MR5 zoning; Built in 1969
More about this property
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