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710 Villagio Pl
Fayetteville, NC 28303
The Villagio · Multifamily Property For Sale
·
107 Units
Property Facts
| No. Units | 107 | Building Size | 107,000 SF |
| Property Type | Multifamily | Average Occupancy | 98% |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 2011 |
| Building Class | A | Parking Ratio | 1.19/1,000 SF |
| Lot Size | 5.87 AC | ||
| Zoning | R5CZ - A101 - Apartment- Garden (1 to 3 Story) | ||
| No. Units | 107 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | A |
| Lot Size | 5.87 AC |
| Building Size | 107,000 SF |
| Average Occupancy | 98% |
| No. Stories | 4 |
| Year Built | 2011 |
| Parking Ratio | 1.19/1,000 SF |
| Zoning | R5CZ - A101 - Apartment- Garden (1 to 3 Story) |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Storage Space
- Washer/Dryer
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Crown Molding
- Double Vanities
- Kitchen
- Granite Countertops
- High Speed Internet Access
- Range
- Tub/Shower
- Walk-In Closets
- Carpet
- Built-In Bookshelves
- Dining Room
- Patio
- Wheelchair Accessible (Rooms)
- Window Coverings
Site Amenities
- Business Center
- Controlled Access
- Clubhouse
- Fitness Center
- Laundry Facilities
- Picnic Area
- Pool
- Property Manager on Site
- Furnished Units Available
- Package Service
- Storage Space
- Elevator
- Lounge
- Maintenance on site
- Sundeck
About 710 VILLAGIO PL , FAYETTEVILLE, NC 28303
Waterstone Multi-Family Group is pleased to present The Villagio apartments; a 107-unit Class-A property located in Fayetteville NC. Built in 2011, the property is only 12 minutes from Fort Bragg (the largest military base in the world, with over 53,000 active duty, and 14,000 civilian personnel). The property is very well managed, and occupancy is over 95% and stabilized. Units feature Class-A amenities, including: Granite countertops Crown Molding & designer archways 9-ft ceilings Energy efficient appliances Full-size Washer/Dryer provided with each unit In addition, property amenities include: Valet trash service Gated entry with remote control access Fitness center Clubhouse Business center Theatre viewing room Community pool -- includes fountain, grilling area, private cabanas, & sundeck/lounge space In addition, Villagio is located along Bragg Blvd/Hwy24, with direct access to both Fort Bragg and downtown Fayetteville. It sits 2.8 miles from the Cross Creek & Westwood shopping district, 2.5 miles from Interstate-295, and is situated within 4 miles of the nearest High school, Middle school, and Elementary school. PLEASE NOTE: This is a debt-assumption deal. Current financing is in place through March 2023 (Pre-payment window begins in October 2022) at a fixed rate of 4.7395%. Please refer to the separate Loan Agreement document (pages 55-56) for additional details and legal language regarding loan assumption process.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 41 | $877.50 | 637 - 951 |
| 2+2 | 58 | $1,155 | 1,104 - 1,300 |
| 3+2 | 8 | $1,330 | 1,426 |
Property Taxes
| Parcel Number | 0418-65-3836 | Improvements Assessment | $23,716,930 |
| Land Assessment | $211,320 | Total Assessment | $23,928,250 |
Property Taxes
