Share This Listing

Message

920 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Aftonshire Quad-2 Buildings Available 5840 Aftonshire Dr 4 Unit Apartment Building $359,900 ($89,975/Unit) Fayetteville, NC 28304

Save this listing!

Favorite this listing to get notified of price updates, new media and more

Investment Highlights

  • Opportunity Zone
  • Attractive financial metrics (Cap Rate, GRM, Cash-on-Cash)
  • Proximity to shopping, schools, parks, medical centers, and military bases
  • Section 8 Approved
  • Low monthly operating costs (HOA)
  • Recently Renovated Within The Last 5 Years

Executive Summary

Seller Financing Opportunity | Opportunity Zone Investment
Prime investment opportunity featuring a 4-unit townhouse complex conveniently located just off Raeford Road. The property is ideally positioned near shopping, dining, schools, daycare facilities, and churches, supporting strong and consistent tenant demand.
Offered as-is and priced to sell, each unit has been renovated within the past five years, making this a turnkey asset ready for immediate occupancy. Current market rents range from $950–$1,100 per unit, demonstrating solid income potential. HOA dues are $40 per door per month.
This offering represents one of two quad properties available, providing flexibility for investors looking to expand or scale their portfolio.
Investment Highlights (Estimates):
Estimated Monthly Rent: $4,100 (based on $1,025 per unit)
Estimated Annual Gross Rent: $49,200
Estimated Annual NOI: approximately $33,600 (assuming a 30–32% operating expense ratio inclusive of HOA, vacancy, management, maintenance reserves, taxes, and insurance)
Cap Rate: approximately 9.3%
Gross Rent Multiplier (GRM): approximately 7.3
Rent-to-Price Ratio: approximately 1.14%
Cash-on-Cash Return (25% down): approximately 9.0%, dependent on financing terms
All financial figures are estimates only and based on current market conditions and publicly available data. Actual performance may vary due to vacancy, tenant turnover, operating expenses, financing terms, and management decisions. Buyers are encouraged to perform their own due diligence, including inspections, rent roll verification, and independent financial analysis. Swanky Nests, LLC makes no guarantee of future performance and is not acting as a financial advisor.

Financial Summary (Pro Forma - 2025) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro Forma - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $359,900
Price Per Unit $89,975
Sale Type Investment
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Townhome
Building Class C
Lot Size 0.10 AC
Building Size 4,000 SF
No. Stories 2
Year Built/Renovated 1980/2000
Opportunity Zone Yes
Zoning SF6

Amenities

  • Smoke Detector

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Heating
  • Ceiling Fans
  • Eat-in Kitchen
  • Kitchen
  • High Speed Internet Access
  • Oven
  • Stainless Steel Appliances
  • Range
  • Tub/Shower
  • Breakfast Nook
  • Patio

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1.5 4 - -

Property Taxes

Property Taxes

Parcel Number
0406-77-6720
Land Assessment
$12,000
Improvements Assessment
$64,437
Total Assessment
$76,437
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
  • Listing ID: 37505458

  • Date on Market: 9/2/2025

  • Last Updated:

  • Address: 5840 Aftonshire Dr, Fayetteville, NC 28304

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}