807 Ducks Lndg Aberdeen, NC 28315
Exceptional investment opportunity in Aberdeen, NC, presents a portfolio of four newly constructed (2023), fully leased (100% occupancy as of October 21, 2023) townhomes situated within the Ducks Landing Townhome complex. This meticulously maintained property boasts a total of 6,764 square feet across two stories, offering a compelling 5.35% cap rate and a strong net operating income (NOI) of $79,028. Each of the four units features a desirable open-concept layout, well-appointed kitchen, and a spacious two-car garage, complemented by private outdoor decks. The townhomes are ideally located just off Saunders Boulevard, adjacent to the Southern Pines Golf Club, and minutes from the vibrant downtowns of both Aberdeen and Southern Pines, ensuring convenient access to local amenities and attracting a high-quality tenant base. The property sits on a 5,420 square foot lot and is zoned RM-6. The asking price is $1,476,000, representing $369,000 per unit and $218.21 per square foot. This represents a core investment opportunity with significant potential for future returns in a thriving market. The property's APN is 20230022 20230023 20230024 20230025. The opportunity exists to expand this investment by acquiring up to twelve townhomes within the complex.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.