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5848 - 5854 Aftonshire Drive 5848 Aftonshire St 4 Unit Apartment Building $490,756 CAD ($122,689 CAD/Unit) Fayetteville, NC 28304

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Investment Highlights

  • Opportunity Zone
  • Proximity to shopping, schools, parks, medical centers, and military bases
  • Low monthly operating costs (HOA)
  • Attractive financial metrics (Cap Rate, GRM, Cash-on-Cash)
  • Section 8 Approved
  • Recently Renovated Within The Last 5 Years

Executive Summary

Seller Financing Opportunity | Opportunity Zone Investment
Prime investment opportunity featuring a 4-unit townhouse complex conveniently located just off Raeford Road. The property is ideally positioned near shopping, dining, schools, daycare facilities, and churches, supporting strong and consistent tenant demand.
Offered as-is and priced to sell, each unit has been renovated within the past five years, making this a turnkey asset ready for immediate occupancy. Current market rents range from $950–$1,100 per unit, demonstrating solid income potential. HOA dues are $40 per door per month.
Property is current 50% occupied.
This offering represents one of two quad properties available, providing flexibility for investors looking to expand or scale their portfolio.
Investment Highlights (Estimates):
Estimated Monthly Rent: $4,100 (based on $1,025 per unit)
Estimated Annual Gross Rent: $49,200
Estimated Annual NOI: approximately $33,600 (assuming a 30–32% operating expense ratio inclusive of HOA, vacancy, management, maintenance reserves, taxes, and insurance)
Cap Rate: approximately 9.3%
Gross Rent Multiplier (GRM): approximately 7.3
Rent-to-Price Ratio: approximately 1.14%
Cash-on-Cash Return (25% down): approximately 9.0%, dependent on financing terms
All financial figures are estimates only and based on current market conditions and publicly available data. Actual performance may vary due to vacancy, tenant turnover, operating expenses, financing terms, and management decisions. Buyers are encouraged to perform their own due diligence, including inspections, rent roll verification, and independent financial analysis. Swanky Nests, LLC makes no guarantee of future performance and is not acting as a financial advisor.

Financial Summary (Pro Forma - 2025) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro Forma - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $490,756 CAD
Price Per Unit $122,689 CAD
Sale Type Investment
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.09 AC
Building Size 4,096 SF
No. Stories 2
Year Built/Renovated 1985/2000
Opportunity Zone Yes
Zoning SF6 - Single Family

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1.5 4 $1,261 CAD 1,024

Property Taxes

Property Taxes

Parcel Number
0406-77-5788
Land Assessment
$16,388 CAD
Improvements Assessment
$87,997 CAD
Total Assessment
$104,385 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
  • Listing ID: 37524010

  • Date on Market: 2025-09-03

  • Last Updated:

  • Address: 5848 Aftonshire St, Fayetteville, NC 28304

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