# 816 Pilot Avenue, Fayetteville, NC 28303

> **TL;DR:** multi-family, $1,499,998, built 1963.
> A/C. Est. $6,500/mo. Listed 247 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,499,998 |
| Year Built | 1963 |
| Property Type | Multi-Family (Apartment) |
| Status | For Sale |
| Days on Market | 247 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $6,500 |
| **Total** | **$6,500** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1963

## Description

### Agent Description
Turnkey 12-Unit Townhome Portfolio | Fayetteville, NC | $1.55M | 6.7% Cap Investor-ready and professionally managed, this 12-unit townhome package features strong income, low expenses, and built-in upside. Currently bringing in over $140K in annual gross rents fully occupied with one current vacancy for viewing and several units under market, this stabilized asset is priced at a 6.7% cap rate with $104K NOI. * 2 Airbnb units + pet fee income (additional option for coin based laundry as well.) * Nearly $100K in recent upgrades * Tenants pay trash & utilities for 2 bed units and 2 of the (1) bed units * Townhome-style = future fee simple exit potential * Strong demand near Fort Bragg * Room to raise rents. Easy to manage. Great for in-state or out-of-state investors.

## Location

- **Address:** 816 Pilot Avenue, Fayetteville, NC 28303
- **County:** Cumberland
- **Neighborhood:** EUTAW
- **Coordinates:** 35.06975, -78.909555
- **Google Maps:** https://www.google.com/maps?q=35.06975,-78.909555

## Listing Agent

- **Name:** MARK PELAEZ
- **Brokerage:** SWANKY NESTS, LLC.
- **Phone:** 9106709087
- **Email:** marcopelaezoffice@gmail.com

## Primary Photo

![816 Pilot Avenue - Primary Photo](http://lh.rdcpix.com/de565de7df5777a89ae73acd87516100l-f2457086995r.jpg)

*42 total photos available on [listing page](https://www.propertysimple.com/listing/816-pilot-avenue-fayetteville-nc-28303-c748227)*

---

**MLS#:** 748227 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 Longleaf Pine Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/816-pilot-avenue-fayetteville-nc-28303-c748227)

---

## Structured Data

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  "description": "Turnkey 12-Unit Townhome Portfolio | Fayetteville, NC | $1.55M | 6.7% Cap Investor-ready and professionally managed, this 12-unit townhome package features strong income, low expenses, and built-in upside. Currently bringing in over $140K in annual gross rents fully occupied with one current vacancy for viewing and several units under market, this stabilized asset is priced at a 6.7% cap rate with $104K NOI. * 2 Airbnb units + pet fee income (additional option for coin based laundry as well.) * ",
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