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Turnkey Two-Unit Furnished MTR 3873 Cumberland Rd 2 Unit Apartment Building $344,535 CAD ($172,267 CAD/Unit) 7.61% Cap Rate Fayetteville, NC 28306
Investment Highlights
- Turnkey furnished MTR — operate from day one with existing tenants and forward bookings
- Walking distance to Cape Fear Valley Medical Center — strong travel-nurse and military demand
- ~7.6% cap at asking ($250k), owner self-managed — upside with pro management
- Two independent income streams: 3BR/2BA main house + standalone studio apartment
- 5+ year operating history with ~85% economic occupancy and Superhost status on Airbnb
Executive Summary
TURNKEY TWO-UNIT FURNISHED MID-TERM RENTAL (MTR) — 5+ year operating history, sold as a running business, not a conventional rental.
BUYER FILTER: Income is produced by operating furnished (Airbnb + Furnished Finder + direct mid-term tenants). Unfurnished market rents in this submarket do not support these numbers. If you're a traditional buy-and-hold landlord, this is not your deal. If you're an MTR/STR operator ready to step into a running operation, keep reading.
THE PROPERTY
• Two separate units: 3 bed / 2 bath house + standalone studio apartment
• ~1,600 SF total, both units fully furnished
• Steady demand from traveling medical staff and military near Cape Fear Valley Medical Center
• Lot size: 9,583 SF (0.22 acre)
• Built 1966 | Windows replaced 2025 | Bathroom addition 2021 | Roof 2018
2025 ACTUALS
• Gross income: $33,547
• NOI: $19,017
• Cap rate: ~7.6% at asking, owner self-managed
• ~85% economic occupancy across two independent income streams
WHAT TRANSFERS AT CLOSE
• All furniture, appliances, supplies — both units
• Established Airbnb listings — Superhost status, strong reviews, full booking history
• Existing tenants and forward bookings — cash flow from day one
• Vendor team (cleaning, maintenance, pest, HVAC) and operating SOPs
TERMS
Cash strongly preferred. Partial seller/creative financing considered for qualified buyer with substantial down payment.
Serious inquiries only. Proof of funds required before detailed financials. Full investor packet available to qualified buyers. This property is occupied, please do not disturb guests.
BUYER FILTER: Income is produced by operating furnished (Airbnb + Furnished Finder + direct mid-term tenants). Unfurnished market rents in this submarket do not support these numbers. If you're a traditional buy-and-hold landlord, this is not your deal. If you're an MTR/STR operator ready to step into a running operation, keep reading.
THE PROPERTY
• Two separate units: 3 bed / 2 bath house + standalone studio apartment
• ~1,600 SF total, both units fully furnished
• Steady demand from traveling medical staff and military near Cape Fear Valley Medical Center
• Lot size: 9,583 SF (0.22 acre)
• Built 1966 | Windows replaced 2025 | Bathroom addition 2021 | Roof 2018
2025 ACTUALS
• Gross income: $33,547
• NOI: $19,017
• Cap rate: ~7.6% at asking, owner self-managed
• ~85% economic occupancy across two independent income streams
WHAT TRANSFERS AT CLOSE
• All furniture, appliances, supplies — both units
• Established Airbnb listings — Superhost status, strong reviews, full booking history
• Existing tenants and forward bookings — cash flow from day one
• Vendor team (cleaning, maintenance, pest, HVAC) and operating SOPs
TERMS
Cash strongly preferred. Partial seller/creative financing considered for qualified buyer with substantial down payment.
Serious inquiries only. Proof of funds required before detailed financials. Full investor packet available to qualified buyers. This property is occupied, please do not disturb guests.
Property Facts
| Price | $344,535 CAD | Building Class | C |
| Price Per Unit | $172,267 CAD | Lot Size | 0.22 AC |
| Sale Type | Investment | Building Size | 1,632 SF |
| Cap Rate | 7.61% | Average Occupancy | 85% |
| No. Units | 2 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1966 |
| Property Subtype | Apartment | ||
| Zoning | R10 | ||
| Price | $344,535 CAD |
| Price Per Unit | $172,267 CAD |
| Sale Type | Investment |
| Cap Rate | 7.61% |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.22 AC |
| Building Size | 1,632 SF |
| Average Occupancy | 85% |
| No. Stories | 1 |
| Year Built | 1966 |
| Zoning | R10 |
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Fairly walkable
40/100
Very drivable
80/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 0415-79-3400 | Improvements Assessment | $179,375 CAD |
| Land Assessment | $31,008 CAD | Total Assessment | $210,383 CAD |
Property Taxes
Parcel Number
0415-79-3400
Land Assessment
$31,008 CAD
Improvements Assessment
$179,375 CAD
Total Assessment
$210,383 CAD
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Turnkey Two-Unit Furnished MTR | 3873 Cumberland Rd
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