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Century Oaks Apartments 5870 Century Oaks Dr 80 Unit Apartment Building $13,099,835 CAD ($163,748 CAD/Unit) 4.33% Cap Rate Fayetteville, NC 28314

Apartment Buildings North Carolina Fayetteville 5870 Century Oaks Dr, Fayetteville, NC 28314

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EXECUTIVE SUMMARY

**Exceptional Investment Opportunity – 80-Unit Apartment Complex in Prime Fayetteville Location!**
Seize this rare chance to invest in a high-potential, income-generating property in the heart of Fayetteville, NC. This 80-unit apartment complex spans **5.88 acres** in a **prime location**, just off Skibo Rd., directly backing up to the bustling **Freedom Town Center**—home to major national retailers and a strong commercial presence.
With steady rental growth already in place, investors have the flexibility to **continue increasing revenue** or explore the **redevelopment potential** for high-demand commercial use. Opportunities like this—within an established and thriving area—are few and far between. Don’t miss your chance to capitalize on this exceptional property!
Video tour available at this link: https://youtu.be/Twu4SFS4EEU

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

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

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
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 $13,099,835 CAD Apartment Style Garden
Price Per Unit $163,748 CAD Building Class C
Sale Type Investment Lot Size 5.88 AC
Cap Rate 4.33% Building Size 64,000 SF
Sale Conditions
Bulk/Portfolio Sale
  • Redevelopment Project
 Average Occupancy 87%
No. Units 80 No. Stories 2
Property Type Multifamily Year Built 1984
Property Subtype
Apartment
  • Multifamily Dormitory
 Parking Ratio 1.87/1,000 SF
Zoning MR5 - Allows construction ranging from 3-6 Stories allowing commercial downstairs. Property should be eligible for rezoning if desired.
Price $13,099,835 CAD
Price Per Unit $163,748 CAD
Sale Type Investment
Cap Rate 4.33%
Sale Conditions
Bulk/Portfolio Sale
  • Redevelopment Project
No. Units 80
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Garden
Building Class C
Lot Size 5.88 AC
Building Size 64,000 SF
Average Occupancy 87%
No. Stories 2
Year Built 1984
Parking Ratio 1.87/1,000 SF
Zoning MR5 - Allows construction ranging from 3-6 Stories allowing commercial downstairs. Property should be eligible for rezoning if desired.

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Carpet
  • Dining Room
  • Freezer

SITE AMENITIES

  • 24 Hour Access
  • Laundry Facilities
  • Pool
  • Furnished Units Available
  • Maintenance on site
  • Public Transportation

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 79 $1,241 CAD 700
2+1 1 $1,517 CAD 1,100
1 1

PROPERTY TAXES

Parcel Number 0407-85-8103 Improvements Assessment $3,924,026 CAD
Land Assessment $558,368 CAD Total Assessment $4,482,394 CAD

PROPERTY TAXES

Parcel Number
0407-85-8103
Land Assessment
$558,368 CAD
Improvements Assessment
$3,924,026 CAD
Total Assessment
$4,482,394 CAD
(910) 987-0414

Still interested?

Contact the broker for more information about this property

CONTACT

  • Listing ID: 34728167

  • Date on Market: 2025-02-05

  • Last Updated:

  • Address: 5870 Century Oaks Dr, Fayetteville, NC 28314

The Cliffdale Multifamily Property at 5870 Century Oaks Dr, Fayetteville, NC 28314 is currently available. Contact Townsend Commercial for more information.

MULTIFAMILY PROPERTIES IN NEARBY NEIGHBORHOODS

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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
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STREET VIEW STREET
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Century Oaks Apartments | 5870 Century Oaks Dr
(910) 987-0414 x

Century Oaks Apartments | 5870 Century Oaks Dr

Alex Townsend
(910) 987-0414

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