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Renovated Apartment Community

412 Oakridge Ave Fayetteville, NC 28305

412 Oakridge Ave, Fayetteville, NC, 28305
Contact for pricing
For Sale
Contact for pricing
Pending

45-unit apartment community features extensive renovations, in-unit laundry hookups, and updated outdoor amenities.

Days on Market251

Property Features for 412 Oakridge Ave

General Information

Standard status
Pending
Property subtype
Multifamily

Building Details

Year Built
1972
Listing agency Greysteel
Listed by John Manning · License #NC 287486
Source Crexi
Added: Nov 13, 2025 Updated: Jul 20 at 9:43PM Checked: Jul 21 at 11:33AM

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 Greysteel


Investment Insights

Based on property information with market context.

Oakridge Apartments is a 45-unit residential community built in 1975, comprised of two-story, all-brick buildings with covered stairs and walkways. The unit mix includes 44 one-bedroom, one-bathroom units and a single two-bedroom, one-bathroom unit. To date, 42 of the 45 units have been fully renovated at a reported high level. Each unit includes in-unit laundry with washer and dryer hookups, and tenants have their own electric meters, with water being sub metered.

Outdoor amenities have been updated, with the original pool replaced by a new stamped concrete patio and outdoor lounge area. A former tennis court at the rear has been converted into a dog park. The parcel’s zoning is stated to support the possibility of building an additional apartment building.

An additional interior space of approximately 15 by 20 feet, previously used as a leasing office, is also included and could be converted into a gym or community room. A 4.29% Freddie Mac assumable loan is in place.

Key Highlights

  • 45‑unit apartment community (44 1BR/1BA, 1 2BR/1BA) built in 1972; two‑story, all‑brick buildings
  • 42 of 45 units fully renovated to date; average renovation cost reported as $12,000 per unit
  • In‑unit laundry with washer/dryer hookups in each unit; tenants have separate electric meters and water is sub metered

Property Analytics

Location Intelligence

Current Use by Public Records

Oakridge Apartments Apartment Building

Suggested Use

Parking Lot & Garage Bakery Catering Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Electrical Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store HVAC Service

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

FAQs

What type of property is this?
Apartment building - 45-unit apartment community features extensive renovations, in-unit laundry hookups, and updated outdoor amenities.
Where is this apartment building located?
The property is located at 412 Oakridge Ave Fayetteville, NC.
What are key features of this property?
This property features: 45‑unit apartment community (44 1BR/1BA, 1 2BR/1BA) built in 1972; two‑story, all‑brick buildings; 42 of 45 units fully renovated to date; average renovation cost reported as $12,000 per unit; In‑unit laundry with washer/dryer hookups in each unit; tenants have separate electric meters and water is sub metered
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