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2109 Elvira St
Fayetteville, NC 28303 Terry Sanford

Price Upon Request

Apartments For Sale • 120,300 SF

Property Details

Property Type Apartments
Total Building Size 120,300 SF
Lot Size 7.64 AC
Building Class C
Year Built 1963
Zoning R6

0 Transit Score

41 Walk Score

                
                    Highlights
                
                                A stable investment as Carolina Pines offers both immediate cash flow and long-term growth potential in a resilient market.
                            
                                Centrally located in Fayetteville, NC, near retail centers, dining, and major employers like Fort Liberty and Cape Fear Valley Health.
                            
                                Strong rental growth; rents have increased by 60%, with an additional potential increase of $70 per unit, leading to a $60,000 annual revenue uplift.
                            
                                There is strong rental demand driven by Fayetteville's military, healthcare, and education sectors, ensuring continued need for housing.
                            
                                Tap into upside potential via the strategic location and recent improvements, offering substantial value-add opportunities for new ownership.
                            
                                Recent Upgrades include $1,000,000 in capital improvements such as modernized units, enhanced common areas, and exterior upgrades.

Amenities

Air Conditioning
Balcony
Cable Ready
Dishwasher
Disposal
Laundry Facilities
Microwave
Playground
Property Manager on Site
Washer/Dryer Hookup
Heating
Pet Play Area
Wi-Fi
Kitchen
Ice Maker
Refrigerator
Oven
Range
Tub/Shower
Freezer

Public Transportation

Commuter Rail	Drive	Walk	Distance
Fayetteville Amtrak Station (Palmetto - Amtrak, Silver Meteor - Amtrak)	5 min	-	2.3 mi
Airport	Drive	Walk	Distance
Fayetteville Regional/Grannis Field	13 min	-	7.5 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	125
Type:	Surface
Included in Rent:	Yes

2109 Elvira St OFF MARKET Fayetteville, NC 28303 Terry Sanford OFF MARKET