Search
12-Unit Townhome Apartment Portfolio
For Sale
$1,499,998

816 Pilot Avenue, Fayetteville, NC 28303

Townhome-style apartment portfolio with central air, electric systems, and front porches.

Property SizeContact for details
Days on Market513

Property Features for 816 Pilot Avenue

General Information

Standard status Active
Property subtype Multi Family / Apartment
Net Operating Income $104,000

Financials

Asking Price $1,550,000
Cap Rate 6.7%
Gross Income $140,000

Additional Details

Multifamily Units 12

Amenities

Yes, CentralAir, Electric
CornerLot, Porch
FrontPorch, Porch

Building Details

Year Built 1963
Construction townhome
Listing Agency: SWANKY NESTS, LLC.
Listed By: MARK PELAEZ · License #346918
Source: Compass
Added: Apr 5, 2025 Changed: Aug 29 Last Checked: Aug 29 at 3:50PM

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 SWANKY NESTS, LLC.

Investment Insights

Based on property information with market context.

This 12-unit apartment portfolio consists of townhome-style residences built in 1963. Property features include central air, electric systems, front porches, and a corner-lot layout. The package includes 2 Airbnb units, providing a mix of residential and short-term rental operations within the portfolio.

Located at 816 Pilot Avenue in Fayetteville, NC, the property offers an established multifamily configuration with individually arranged townhome residences. Its porch-equipped units and corner-lot setting add defined exterior characteristics to the apartment asset.

Key Highlights

  • 12‑unit townhome‑style apartment portfolio
  • Built in 1963
  • 2 Airbnb units included

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Dental Office Big Box & Wholesale Store Building Supply Bakery Plumbing Service (Bike/Boat/Book/etc) Store

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

12
Residential units

Location Intelligence

Trade Area within ½ mile

322
Businesses Nearby

Demographics for 28303, NC

30,842
Population
15,554
Households
2
Avg Household Size
36
Median Age
30%
College-Educated
94%
High-School Grad
15.4 sq mi
ZIP Area
2,003
Density / Sq Mi
$53,261
Median Household Income
$37,238
Median Earnings
$1,125
Median Rent
$174,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Townhome-style apartment portfolio with central air, electric systems, and front porches.
Where is this apartment building located?
The property is located at 816 Pilot Avenue Fayetteville, NC.
What is the asking price?
The asking price for this property is $1,499,998.
What are key features of this property?
This property features: 12‑unit townhome‑style apartment portfolio; Built in 1963; 2 Airbnb units included
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message