Collect $11,675/month OR MORE on this 22 units (11 Duplex) Multi-Family In Spring Lake-Fayetteville, NC
*****Great Investment Property*****
• Are you looking for real passive income?
• Are you looking to multiply your returns in real estate?
• Tired of competing over single family units?
Now you can own 22 income-producing units through one property purchase!
PRICED TO MOVE QUICKLY: $674,900
This multifamily property offers multiple money-generating strategies:
Great Investment Opportunity!
Cap Rate on Actuals: 12%
96% Occupancy
Great Location,Fort Bragg, the largest Military Base in the world employs 50,000+People:10 min drive
Low-maintenance Property
Tenants pay all utilities
14 min drive to Fayetteville State University
New Metal Roofs
$83,186 Actual NOI
Individually metered – residents pay for electricity, gas and water
Major Employers: Fort Bragg, Cumberland County Schools, Goodyear Tire Company, Cape Fear Valley Health System, Cumberland County Government, Purolator
Total rehab done 5years ago (Carpet, Paint, Roof, windows, cabinets, HVAC, etc.)
No Seller Financing
Purchase Price $674,900