Multifamily Investment
For Sale
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157 Old Shaw Road, Fayetteville, NC 28303
10-unit apartment complex with strong occupancy and rental income.
Property Size2,354 SF
Price / SF$424.38
Days on Market100
Property Features for 157 Old Shaw Road
General Information
Standard status
Active
Size
2,354 SF
Class
D
Property subtype
Multifamily
Zoning
MR5
Occupancy
90%
Investment Type
Net Lease
Net Operating Income
$92,670
Building Details
Year Built
1940
Year Renovated
2019
Buildings
3
Stories
1
Units
2
Tenancy
Multi
Listing Agency:
Townsend real estate
Listed By:
Alex Townsend · License #NC272441
Source:
Crexi
Added: May 11
Changed: Aug 8
Last Checked: Jul 31 at 4:10AM
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 Townsend real estate
Investment Insights
Based on property information with market context.
The property at 157 Old Shaw Rd is a multifamily investment opportunity, featuring a 10-unit apartment complex. The property has strong in-place occupancy and consistent rental income. The average monthly rent is $871.06 per unit. The unit mix and steady tenant demand make this an attractive addition to any investment portfolio. The property offers investors immediate cash flow, providing both stable income and future upside potential through continued rental growth and operational efficiencies. This asset is well-positioned for investors seeking a professionally maintained multifamily property in a growing rental market. The property size is 2354 square feet.
Key Highlights
- Immediate cash flow with strong in‑place occupancy.
- Consistent rental income with an average monthly rent of $871.06 per unit.
- Upside potential through continued rental growth and operational efficiencies.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
95
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 10-unit apartment complex with strong occupancy and rental income.
Where is this apartment building located?
The property is located at 157 Old Shaw Road Fayetteville, NC.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Immediate cash flow with strong in‑place occupancy.; Consistent rental income with an average monthly rent of $871.06 per unit.; Upside potential through continued rental growth and operational efficiencies.
