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5848 - 5854 Aftonshire Drive 5848 Aftonshire St 4 Unit Apartment Building $508,825 CAD ($127,206 CAD/Unit) 9.11% Cap Rate Fayetteville, NC 28304
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
Rare Turnkey 4-Unit Investment in Opportunity Zone – Strong Cash Returns
*2 Available Building (Both with 4 Units Each). *This listing is for 1 Building
*Located in an Opportunity Zone, this 4-unit townhouse complex offers significant incentives for investors, such as tax advantages and potential community development benefits.
*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: 8.1
*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
*2 Available Building (Both with 4 Units Each). *This listing is for 1 Building
*Located in an Opportunity Zone, this 4-unit townhouse complex offers significant incentives for investors, such as tax advantages and potential community development benefits.
*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: 8.1
*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
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 | $508,825 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $127,206 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.09 AC |
| Cap Rate | 9.11% | Building Size | 4,096 SF |
| Gross Rent Multiplier | 8.1 | No. Stories | 2 |
| No. Units | 4 | Year Built/Renovated | 1985/2000 |
| Property Type | Multifamily | Opportunity Zone |
Yes
|
| Property Subtype | Apartment | ||
| Zoning | SF6 - Single Family | ||
| Price | $508,825 CAD |
| Price Per Unit | $127,206 CAD |
| Sale Type | Investment |
| Cap Rate | 9.11% |
| Gross Rent Multiplier | 8.1 |
| 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 | $1,276 CAD | 1,024 |
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Swanky Nests, LLC
5848 - 5854 Aftonshire Drive | 5848 Aftonshire St
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