About 816 Pilot Avenue, Fayetteville, North Carolina, 28303
Turnkey 12-Unit Townhome Portfolio | Fayetteville, NC | $1.55M | 6.7% Cap Investor-ready and professionally managed, this 12-unit townhome package features strong income, low expenses, and built-in upside. Currently bringing in over $140K in annual gross rents fully occupied with one current vacancy for viewing and several units under market, this stabilized asset is priced at a 6.7% cap rate with $104K NOI. * 2 Airbnb units + pet fee income (additional option for coin based laundry as well.) * Nearly $100K in recent upgrades * Tenants pay trash & utilities for 2 bed units and 2 of the (1) bed units * Townhome-style = future fee simple exit potential * Strong demand near Fort Bragg * Room to raise rents. Easy to manage. Great for in-state or out-of-state investors.
Water Source : Public
Sewer System : PublicSewer
Exterior Features : CornerLot, Porch
Property Sub-Type Additional : Apartment
Zoning Description : MR5 - Mixed Residential
Cooling : Yes.
Cooling : CentralAir, Electric
Water Source : Public
Sewer System : PublicSewer
Exterior Features : CornerLot, Porch
Property Sub-Type Additional : Apartment
Zoning Description : MR5 - Mixed Residential
Cooling : Yes.
Cooling : CentralAir, Electric

Street Address: 816 Pilot Avenue
City: Fayetteville
State: North Carolina
Postal Code: 28303
County: Cumberland
Directions: Please use google maps

Property Information :
Listing Status: Active
MLS #: 748227
Bathrooms: 0 ba
Price: $1,499,998
Construction Status: Built in 1963
Last Modified : Dec 16 2025 4:31AM

Courtesy of: MARK PELAEZ, SWANKY NESTS, LLC. (MLS# 37480)
Source MLS: LPAR