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USANCFayettevilleFayetteville100 Twin Acres Dr
Listing image | Image 1

100 Twin Acres Dr, Fayetteville, NC

Condo

For Sale

Listed price in listed location currency (USD).
$585,000

000

MLS® LP764835

Overview

Key Facts

Type Apartment
Levels Residential Income
Size -
Garage 
Maintenance Fees 
Taxes 
Days Active 25
Approx. Age 1950
MLS® Number LP764835

Property Address: 100 Twin Acres Dr, Fayetteville, NC, 28303-9626

Average square foot calculated using Size range provided by listing agent.

Description

100 and 102 Twin Acres Dr. Rare opportunity to acquire a fully occupied, income-producing 5-unit portfolio in Fayetteville, NC — offered at a 6.59% cap rate with $38, 542 in annual net operating income. The offering includes a quadplex at 100 Twin Acres Drive and a detached one-bedroom cottage at 102 Twin Acres Drive, conveying together on one transaction. All five units are leased with leases in place through 2027, providing immediate cash flow for the incoming owner.The quadplex (100 Twin Acres Dr, built 1962) features four apartments totaling 4, 624 square feet across a mix of one- and two-bedroom floor plans. The detached cottage (102 Twin Acres Dr, built 1950) is a charming one-bedroom, one-bathroom residence totaling 706 square feet. Combined gross monthly rent is $5, 552 ($66, 624 annually).The owner has invested substantially in both properties in recent years. Notable improvements include: complete gut renovation of the cottage (2025) with new mini-split HVAC, LVT flooring, oak kitchen cabinets, new bathroom fixtures, and full exterior repaint; complete renovation of Apt C (2021) including new kitchen, new bathrooms, new flooring, and new windows; new roofs on Apt C (2019) and Apt E (2019); new windows throughout multiple units (2025–2026); major site drainage and grading work ($26, 000, 2023); and extensive cosmetic updates across all units. Roofs on Apts A and B were replaced approximately 2012.Tenants pay electric, gas, and internet. Water at 102 Twin Acres Dr is tenant-paid. Owner expense load is lean — property taxes, insurance, lawn care, water at the quadplex, pest treatment, and management total approximately $28, 082 annually.Fayetteville's rental market is anchored by Fort Bragg, one of the largest military installations in the United States, providing stable, year-round tenant demand.
MLS® NumberLP764835
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
Garage
Approx. Age1950
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C

Extras

Price History

Last Sold Price

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Appreciation

--

Avg. Days Listed

25 days

Today, For Sale for $585,000

Photo 1
For Sale · 25 days

$585,000

MLS® LP764835

A month ago

Not Sold Yet

June 2026, For Sale for $585,000

For Sale · 25 days

$585,000

MLS® 764835

25 days ago

Not Sold Yet

  • Jun 26, 2026, For Sale for $585,000

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