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About This Home
This 48-bedroom, 36-bathroom multi-family at 2800 Amelia Drive in Fayetteville, NC is listed for $3,500,000 ($127 per sqft). Built in 2007, the home offers 27,555 sqft of living space on a 2.91 acres lot.
Amelia Drive Apartments. This multifamily property features 18 luxury units in Fayetteville, North Carolina with room to build additional units. Built in 2007, the property features large units, with high-end finishes and has a strong occupancy trend, offering investors stable in-place income from day one.
The opportunity is further enhanced by the ability to significantly expand the size of the property. Current zoning would allow for the construction of an additional 30 to 40 units depending on preferred site layout and design details. This allows investors to execute a phased development strategy while leveraging existing income and infrastructure. 6 units are 2BD/2BA between 1,045 - 1,350 SF with asking rents of $1,450. 12 units are 3BD/2BA between 1,645 - 1,750 SF with asking rents of $1,650.
Key Features
- Built in 2007
- 2.91 acre lot
- 3 stories
Property Details
Amenities
Monthly Cost Estimate
$18,719/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2800 Amelia Drive
Fayetteville, NC 28304
Not in a Subdivision
Property Details
Flooring
Construction
Parking
Heating
Cooling
Questions & Answers
This 48-bedroom, 36-bathroom multi-family at 2800 Amelia Drive is listed at $3,500,000 ($127/sqft). The estimated monthly payment is $15,167 based on 20% down at 6.5% interest.
Key features include: Built in 2007, 2.91 acre lot, 3 stories.
This property is listed by Thomas Furlow and can be reached at 9194123913 or tfurlow@deaton.com.