Waterstone Multi-Family Group is pleased to present the Kingsley Townes; a 37 unit Class A townhome community located in Fayetteville, North Carolina. Built in 2012, the community is centrally located just minutes from shopping, dining, and I-295 and less than 15 minutes from Fayetteville State University and Fayetteville Technical Community College. It is located about 20 minutes from Carvers Creek State Park, Fayetteville Regional Airport, and Fort Bragg. Professional baseball will be coming to Fayetteville in 2019 and has prompted more than $100 million in public and private investment toward downtown development. The stadium will also increase the $504 million economic impact tourism already has on the city and add many jobs.
Fort Bragg employs more service members than any other army installation in the Country with 64,904 military personnel. The base has an additional 12,273 civilian employees and 62,925 active duty family members. There are 98,507 Army retirees and family members in the area. The National Defense Authorization Act sets aside more than $241 million for construction at North Carolina military installations and provides for a 2.6% pay raise for troops. The military represents 46% of the residents at Kingsley.
Kingsley is currently 100% occupied. The property includes 5 buildings containing 37 two bed/two and half bath townhomes. Inside the apartments, unit interiors showcase the following features: all black appliances which include a built in microwave, dishwasher and glass top stove. There is also a full size pantry. Ceiling fans are located in all main rooms. The master bedroom is equipped with his and hers closets with a spacious walk in closet in guestroom. The units have a sliding back door opening up to a patio with extra storage space. The property is in excellent condition with no known capital expenditure requirements.
