816 Pilot Avenue, Fayetteville, NC

$1,499,998

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About 816 Pilot Avenue

Turnkey 12-Unit Townhome Portfolio | Fayetteville, NC | $1.55M | 6.7% CapInvestor-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.

Features of 816 Pilot Avenue

MLS® # LP748227
Price $1,499,998
Year Built 1963
Type Residential Income
Sub-Type Apartment
Status Active

Community Information

Address 816 Pilot Avenue
City Fayetteville
County Cumberland
State NC
Zip Code 28303

Amenities

Utilities Natural Gas Not Available
Is Waterfront No
Has Pool No

Interior

Cooling Central Air
Fireplace No
Has Basement No

Exterior

Lot Description Corner Lot

Additional Information

Date Listed August 6th, 2025
Zoning MR5 - Mixed Residential
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeSWANKY NESTS, LLC.

Listing Map

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