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Multifamily

Saddlebrook

4820 Durango Ct, Fayetteville, NC 28304

Listing Price: Request For Offer

Number of Units
16
Gross SF
18,700

Investment Overview

Marcus & Millichap is pleased to present this exclusive listing for the Saddlebrook Townhomes, a 16-unit townhome community located in Fayetteville, NC. Located just off Glenwick Drive and Village Drive, the community offers close proximity to the Cape Fear Valley Medical Center and other surrounding economic generators including downtown Fayetteville, Fayetteville Regional Airport, Tallywood Shopping Center, Fayetteville State University and Fort Bragg. This asset provides current ownership upside potential through continued rent growth and modernizing unit interiors to capture military renter demand for renovated units in the Fayetteville MSA. Continued growth within the Fayetteville market, coupled with solid employment gains continue to attract out-of-state capital to the Eastern North Carolina market. Fort Bragg, Carvers Creek State Park, and convenient accessibility to Interstate 95 has solidified the area as a great place for veterans and military personnel. In addition, the area is home to many large companies including Hendrick Automotive Group, Lockheed Martin, Booz Allen Hamilton, Unilever and Manpower Group. The Saddlebrook Townhomes positioning within the market will allow an investor the ability to continue to drive rents and upgrade units, providing strong annual returns for this unique investment opportunity.

Investment Highlights

  • Value-Add Opportunity, Convenient to Interstate 95 and Downtown Fayetteville
  • Upside Potential Through Rent Growth and Modernizing Units to Capture Renter Demand for Units near Downtown Fayetteville
  • Convenient Locations with Easy Accessibility to Major Employers, Retail Corridors, Highways and Schools
  • Desirable Townhome Asset with Rent Growth Potential
  • Recently Renovated Interiors and Exteriors, with 10 of the 16 Units have been Renovated
  • New Luxury Vinyl Plank Flooring, Fresh Paint, and New Appliances
  • Vinyl Exterior, Low Maintenance Property
  • Solid Market Fundamentals Combined with Strong Demographics in the Surrounding Area

Exclusively Listed By

Multifamily

Saddlebrook

Listing Price: Request For Offer

Number of Units
16
Gross SF
18,700

Investment Highlights

  • Value-Add Opportunity, Convenient to Interstate 95 and Downtown Fayetteville
  • Upside Potential Through Rent Growth and Modernizing Units to Capture Renter Demand for Units near Downtown Fayetteville
  • Convenient Locations with Easy Accessibility to Major Employers, Retail Corridors, Highways and Schools
  • Desirable Townhome Asset with Rent Growth Potential
  • Recently Renovated Interiors and Exteriors, with 10 of the 16 Units have been Renovated
  • New Luxury Vinyl Plank Flooring, Fresh Paint, and New Appliances
  • Vinyl Exterior, Low Maintenance Property
  • Solid Market Fundamentals Combined with Strong Demographics in the Surrounding Area

Investment Overview

Marcus & Millichap is pleased to present this exclusive listing for the Saddlebrook Townhomes, a 16-unit townhome community located in Fayetteville, NC. Located just off Glenwick Drive and Village Drive, the community offers close proximity to the Cape Fear Valley Medical Center and other surrounding economic generators including downtown Fayetteville, Fayetteville Regional Airport, Tallywood Shopping Center, Fayetteville State University and Fort Bragg. This asset provides current ownership upside potential through continued rent growth and modernizing unit interiors to capture military renter demand for renovated units in the Fayetteville MSA. Continued growth within the Fayetteville market, coupled with solid employment gains continue to attract out-of-state capital to the Eastern North Carolina market. Fort Bragg, Carvers Creek State Park, and convenient accessibility to Interstate 95 has solidified the area as a great place for veterans and military personnel. In addition, the area is home to many large companies including Hendrick Automotive Group, Lockheed Martin, Booz Allen Hamilton, Unilever and Manpower Group. The Saddlebrook Townhomes positioning within the market will allow an investor the ability to continue to drive rents and upgrade units, providing strong annual returns for this unique investment opportunity.

Exclusively Listed By

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