Map
Listed price in listed location currency (USD).
$1,650,000

362142

MLS® 10186622

Overview

Key Facts

Type Apartment
Levels Residential Income
Size 14000 sqft
Garage 
Maintenance Fees 
Taxes $489
Days Active 37
Approx. Age 1970
Avg. Price Per Sqft $117
MLS® Number 10186622

Property Address: 210 Colonial Dr, Fayetteville, NC, 28301-4491

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

Description

24-Unit Multifamily Investment Opportunity | Fayetteville, NC Exceptional 24-unit colonial-style multifamily portfolio offering strong, turnkey cash flow with immediate value-add potential. Comprising two adjacent parcels being sold together, this property features an optimal unit mix of 12 one-bedroom and 12 two-bedroom floor plans. Investment Highlights Extensively Remodeled: 22 of the 24 units have been fully renovated, providing a turnkey operational foundation. Immediate Value-Add Upside: Only two units (#15 and #16) remain in original condition, ready for modern updates upon vacancy to maximize rent rolls. Strong, Consistent Cash Flow: Units currently generate steady income renting at approximately $789 per unit. Unit Mix: Balanced distribution (12 one-bedroom / 12 two-bedroom units) catering to broad market demand. Strategic Location: Desirable Fayetteville, NC location near major employers, retail, and transit. The colonial property has a new roof August 2026! There are 2 vacant units that can be viewed. Over $300, 000 in renovations were done in past couple years!
MLS® Number10186622
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
Garage
Approx. Age1970
Stories
Pets

Included in Maintenance Fee

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

Utilities

HeatNone
A/CCentral Air, Ceiling Fan(s), Electric

Extras

Map

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