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1001 W Orange s 1001-1003-1005 W Orange st - W Orange 6 6 Unit Apartment Building Offered at $778,169 CAD at a 9.57% Cap Rate Fayetteville, NC 28301



Executive Summary
Excellent opportunity to acquire a cash flowing asset with no deferred maintenance at with excellent CAP Rate. Fully rehabbed in 2023 and well located along major routes in close proximity to downtown Fayetteville museums, restaurants, SEGRA Baseball Stadium and Fort Bragg.
100% occupied and well managed and an ideal 1031 replacement property.
100% occupied and well managed and an ideal 1031 replacement property.
Property Facts
| Price | $778,169 CAD | Building Size | 4,000 SF |
| Price Per Unit | $129,695 CAD | Average Occupancy | 100% |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 9.57% | Year Built/Renovated | 1950/2023 |
| No. Units | 6 | Cross Streets | Plum |
| Property Type | Multifamily | Opportunity Zone |
Yes
|
| Apartment Style | Garden |
| Price | $778,169 CAD |
| Price Per Unit | $129,695 CAD |
| Sale Type | Investment |
| Cap Rate | 9.57% |
| No. Units | 6 |
| Property Type | Multifamily |
| Apartment Style | Garden |
| Building Size | 4,000 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1950/2023 |
| Cross Streets | Plum |
| Opportunity Zone |
Yes |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | - | - |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 0437-59-4838 | Improvements Assessment | $153,787 CAD |
| Land Assessment | $14,338 CAD | Total Assessment | $168,125 CAD |
Property Taxes
Parcel Number
0437-59-4838
Land Assessment
$14,338 CAD
Improvements Assessment
$153,787 CAD
Total Assessment
$168,125 CAD
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1001 W Orange s 1001-1003-1005 W Orange st - W Orange 6
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