Renovated 6-Unit Apartment
For Sale
$549,000
999999999 1001-1003-1005 W Orange St, Fayetteville, NC 28301
Fully occupied apartment property near major highways and downtown Fayetteville attractions.
Property SizeContact for details
Days on Market27
Property Features for 999999999 1001-1003-1005 W Orange St
General Information
Standard status
Active
Property subtype
Multi-Family
Occupancy
100%
Net Operating Income
$52,260
Financials
Cap Rate
9.5%
Gross Income
$70,752
Additional Details
Highway Access
Yes
Multifamily Units
6
Listing Agency:
GRANT-MURRAY REAL ESTATE LLC.
(910) 797-1910
Listed By:
STEVE HOGAN · License #214644
Source:
Tcrnc
Added: Aug 4
Changed: Aug 29
Last Checked: Aug 29 at 2:20PM
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 GRANT-MURRAY REAL ESTATE LLC.
Investment Insights
Based on property information with market context.
This 6-unit apartment property has undergone a comprehensive renovation, with improvements including a new roof, replacement windows, exterior paint, mini-split systems, cabinetry, countertops, flooring, and lighting. The property is reported at 100% occupancy and offers updated residential improvements throughout the building.
The asset sits near Hwy 401 and the MLK Freeway, with access to downtown Fayetteville within one exit. Nearby destinations identified in the property information include Segra Stadium, museums, restaurants, and other attractions. The reported 9.5 cap rate and 1031 exchange positioning add investment context for qualified buyers. The property is offered for sale, with showings limited to properties under contract.
The asset sits near Hwy 401 and the MLK Freeway, with access to downtown Fayetteville within one exit. Nearby destinations identified in the property information include Segra Stadium, museums, restaurants, and other attractions. The reported 9.5 cap rate and 1031 exchange positioning add investment context for qualified buyers. The property is offered for sale, with showings limited to properties under contract.
Key Highlights
- 6‑unit apartment property with 100% occupancy
- Recently renovated with new roof, replacement windows, and exterior paint
- Updated mini‑split systems, cabinetry, countertops, flooring, and lighting
Property Analytics
Current Use
Lease Details
6
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
421
Businesses Nearby
Explore this area
Business Placement
Demographics for 28301, NC
17,670
Population
8,590
Households
2.1
Avg Household Size
35
Median Age
17%
College-Educated
88%
High-School Grad
12.4 sq mi
ZIP Area
1,425
Density / Sq Mi
$36,955
Median Household Income
$28,350
Median Earnings
$926
Median Rent
$109,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully occupied apartment property near major highways and downtown Fayetteville attractions.
Where is this apartment building located?
The property is located at 999999999 1001-1003-1005 W Orange St Fayetteville, NC.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: 6‑unit apartment property with 100% occupancy; Recently renovated with new roof, replacement windows, and exterior paint; Updated mini‑split systems, cabinetry, countertops, flooring, and lighting
