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60 N Knoll Rd - Longleaf Golf Cottages 8 Unit Apartment Building Offered at $1,950,000 at a 6.29% Cap Rate Southern Pines, NC 28387

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INVESTMENT HIGHLIGHTS

  • Nestled in the heart of Southern Pines' prestigious golf community
  • Cottages provide the perfect blend of relaxed coastal Carolina style and modern comforts
  • Charming, turnkey accommodations just moments from world-class fairways

EXECUTIVE SUMMARY

Situated in Moore County, North Carolina—the nation’s number one state for business—this stabilized 8-unit golf cottage offers a premier investment opportunity adjacent to Longleaf Country Club off Midland Road—the entrance to the Pinehurst Golf Community.  This asset leverages Moore County’s national presence as a world-class golf destination, underpinned by a strong healthcare and military employment base, alongside high performing school systems and family-oriented neighborhoods. Investors benefit from a rare combination of strong demographics and a high quality of life, providing consistent demand and long-term stability in one of the country's more desirable, competitive living markets.

PROPERTY FACTS

Price $1,950,000
Price Per Unit $243,750
Sale Type Investment
Cap Rate 6.29%
No. Units 8
Property Type
Multifamily
  • Multifamily Apartments
Lot Size 0.54 AC
Building Size 9,040 SF
No. Stories 2
Year Built 2020
Zoning NBCD - Neighborhood Business Conditional District

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Balcony
  • Disposal
  • Storage Space
  • Washer/Dryer Hookup
  • Heating
  • Ceiling Fans
  • Kitchen
  • Hardwood Floors
  • Tub/Shower
  • Views
  • Walk-In Closets
  • Deck
  • Dock
  • Handrails
  • Linen Closet
  • Pantry
  • Patio
  • Porch
  • Large Bedrooms

SITE AMENITIES

  • Private Bathroom

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+2 8 - -
  • Listing ID: 39229921

  • Date on Market: 1/27/2026

  • Last Updated:

  • Address: 60 N Knoll Rd, Southern Pines, NC 28387

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