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Karlette Beasley

karlette.beasley@lptrealty.com +1(910) 489-6458

$ 549,000

Est. payment | -/mo

Save

$ 549,000

Est. payment | -/mo

Save

Key Details

Property Type Multi-Family

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Ramsey St

MLS Listing ID 764580

Style One Story

HOA Y/N No

Property Sub-Type Apartment

Property Description

EXCELLENT OPPORTUNITY TO ACQUIRE A TURNKEY 6 PLEX. WELL LOCATED JUST OFF HWY 401, MLK FREEWAY AND ONE EXIT FROM HISTORIC DOWNTOWN FAYETTEVILLE, SEGRA STADIUM MUSEUMS, RESTAURANTS AND ATTRACTIONS. ENJOY 100% OCCUPANCY AND NO DEFERED MAINTENANCE DUE TO RECENT TOTAL RENOVATION TO INCLUDE:
-NEW ROOF
-REPLACMENT WINDOWS
-EXTERIOR PAINT
-MINI SPLITS
-CABINETRY/COUNTER TOPS
-FLOORING, LIGHTING AND MUCH MORE

PRESENT GROSS INCOME: $70,752 NET OPERATING INCOME: $52,260 OFFERING A STRONG 9.5 CAP RATE
IDEAL 1031 EXCHANGE PROPERTY WITH GOOD FINANCIALS AND MANAGEMENT. NO SHOWINGS UNLESS IN CONTRACT
NON CSS LISTING-CONTACT LIST AGENT DIRECT

Location

State NC

County Cumberland

Interior

Heating Window Unit

Cooling Central Air, Electric, Window Unit(s)

Flooring Luxury Vinyl, Luxury VinylPlank, Luxury VinylTile

Fireplace No

Exterior

Exterior Feature Corner Lot

Water Access Desc Public

Building

Entry Level One

Sewer Public Sewer

Water Public

Architectural Style One Story

Level or Stories One

Others

Tax ID 0437-59-4838

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard

Listed by GRANT-MURRAY REAL ESTATE LLC.

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(910) 489-6458

karlette.beasley@lptrealty.com

Learn More About LPT Realty

1001-1003-1005 W Orange ST Fayetteville, NC 28301