Multifamily Property with 12
For Sale
Contact for pricing
6095 Lunar Dr, Fayetteville, NC 28304
Multifamily property featuring 12 units in Fayetteville, North Carolina.
Property Size7,600 SF
Price / SF$263.16
Days on Market221
Property Features for 6095 Lunar Dr
General Information
Standard status
Active
Size
7,600 SF
Property subtype
Multifamily
Net Operating Income
$143,536
Building Details
Year Built
1965
Units
12
Listing Agency:
Marcus & Millichap - Raleigh
Listed By:
Matthew Rice · License #NC #337472
Source:
Crexi
Added: Mar 2
Changed: Aug 8
Last Checked: Aug 8 at 3:12PM
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 Marcus & Millichap - Raleigh
Investment Insights
Based on property information with market context.
This multifamily property located in Fayetteville, North Carolina, comprises 12 units. The property has a size of 7600 square feet. The property is intended for multifamily or residential income use.
Key Highlights
- Multifamily property presents a great investment opportunity.
- Features 12 units.
- Priced at $166,667 per unit.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$63,788
Cap Rate
3.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,275,760
$1.3M
Cap Rate 7%
$911,257
$911.3K
Cap Rate 9%
$708,756
$708.8K
Market Conditions
NOI Build-Up for 7,600 SF
Gross rent
$123.1K $16.20/SF
− Vacancy
−$7.1K −$0.94/SF
EGI
$116.0K $15.26/SF
− OpEx
−$52.2K −$6.87/SF
NOI
$63.8K $8.39/SF
Area
Fayetteville, NC
Vacancy
5.80%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,275,760
Cap Rate 7%
$911,257
Cap Rate 9%
$708,756
Alternative Uses
Best Use
Apartment 5plus
$911.3K
$797.4K – $1.06M
NOI $63,788 @ 7.0% cap · market cap 3.19%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.67M
$1.46M – $1.94M
NOI $116,590 @ 7.0% cap · market cap 5.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
325
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily property featuring 12 units in Fayetteville, North Carolina.
Where is this apartment building located?
The property is located at 6095 Lunar Dr Fayetteville, NC.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Multifamily property presents a great investment opportunity.; Features 12 units.; Priced at $166,667 per unit.
