Aftonshire Quad-2 Buildings Available 5840 Aftonshire Dr 4 Unit Apartment Building $502,953 CAD ($125,738 CAD/Unit) Fayetteville, NC 28304

This is the kind of multifamily opportunity investors wait for. Offered at $364,000, this 4-unit townhome building is part of a two-building portfolio (each with four units), allowing investors to scale now or expand later. This listing is for one individual building.
Located in a federally designated Opportunity Zone, this asset offers powerful long-term upside, including potential tax advantages and appreciation tied to continued community investment and redevelopment.
Current Income Snapshot:
* 3 of 4 units currently occupied
* (2 units @ $900) - (1 unit @ $925) per month per unit
* Immediate in-place income with upside through full occupancy and future rent growth
Each unit features a townhouse-style layout that appeals to long-term tenants and supports lower turnover. The property is positioned as a true buy-and-hold asset, ideal for investors seeking predictable cash flow today with appreciation and tax-advantaged growth tomorrow.
Why Investors Love This Property:
* Opportunity Zone location = long-term tax and equity benefits
* Turnkey multifamily with in-place income
* Ability to acquire one building or scale into both
* Strong rent demand in an improving area
* Townhome configuration supports tenant stability
Whether you’re a seasoned investor expanding your portfolio or entering multifamily ownership with a strategic asset, this property checks the boxes for cash flow, scalability, and future upside.
Opportunities like this don’t come often, especially at this price point.
All units have undergone renovations within the last five years, so they're move-in ready and offered “As-Is”.
Market Rents: Estimated between $950–$1,100 per unit
Estimated Monthly Rent (Total): ~$4,100
Cap Rate: 9.09%
GRM: 7.5
Cash-on-Cash Return (25% down): 9.8%
Low HOA Fee - Enjoy minimal overhead with a monthly HOA fee of just $40 per door.
Conveniently situated off Raeford Road, the property is within close proximity to shopping centers, restaurants, daycare facilities, schools, and churches—boosting tenant appeal.
Built in 1985
Each unit offers 2 beds, 1.5 baths, and approximately 1,024 sq ft
Total lot size is about 4,356 sq ft
Equipped with central air and heat pump heating systems
Schools Nearby (All within ~2 miles):
Brentwood Elementary – 0.6 mi (GreatSchools rating: 5/10)
Lewis Chapel Middle – 0.9 mi (5/10)
Seventy-First High School – 1.8 mi (3/10)
Convenient Access To:
Medical Facilities: Cape Fear Valley Medical Center (~4.2 mi, ~9 min drive)
Parks & Attractions: Lake Rim Park, Fascinate-U Children's Museum, Mazarick Park (~5–7 miles away)
Military Access: Fort Bragg Manchester (~9.7 miles) and Pope Air Force Base (~11.6 miles)—ideal for military personnel renters