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5217-5336 Tern Pl
Fayetteville, NC 28311
Cape Fear Townhomes · Multifamily Property For Sale
·
57 Units
Investment Highlights
- The offering comprises 57 units across 4.6 acres, all featuring 2 bedrooms and 2.5 bathrooms with varying finish levels.
- Fayetteville is home to Fort Liberty, formerly Fort Bragg, which is the largest U.S. military installation in the world.
- The property is 98.25% occupied
- The existing assumable debt is highly accretive to value, with over 4 years of term remaining at 3.35%.
- The property offers five distinct finish levels: Classic, Traditional, Patio, Silver, and Gold.
Property Facts
| No. Units | 57 | Building Size | 68,400 SF |
| Property Type | Multifamily | Average Occupancy | 89% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Townhome | Year Built/Renovated | 1997/2021 |
| Building Class | B | Parking Ratio | 1.78/1,000 SF |
| Lot Size | 4.60 AC | ||
| Zoning | SF6 - Multi Family | ||
| No. Units | 57 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | B |
| Lot Size | 4.60 AC |
| Building Size | 68,400 SF |
| Average Occupancy | 89% |
| No. Stories | 2 |
| Year Built/Renovated | 1997/2021 |
| Parking Ratio | 1.78/1,000 SF |
| Zoning | SF6 - Multi Family |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Storage Space
- Washer/Dryer
- Ceiling Fans
- Granite Countertops
- Refrigerator
- Oven
Site Amenities
- 24 Hour Access
- Fenced Lot
- Playground
- Property Manager on Site
- Grill
- Pet Play Area
Property Taxes
| Parcel Numbers | Improvements Assessment | $3,914,572 | |
| Land Assessment | $228,920 | Total Assessment | $4,143,492 |
Property Taxes
Parcel Numbers
Land Assessment
$228,920
Improvements Assessment
$3,914,572
Total Assessment
$4,143,492
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