1033 Appamattox Ct

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1033 Appamattox Ct

Fayetteville, NC 28305
Asking Price
$4.50M
Asset Type
Multifamily
Class
Class B

What's Special

1033 Appomattox Court is located in a residential neighborhood in western Fayetteville, North Carolina. The property sits within a quiet cul-de-sac characterized by a mix of single-family homes and small multi-unit developments. Residents have direct access to local conveniences along nearby Cliffdale Road, including grocery stores, pharmacies, and dining options. The location offers efficient transportation links, situated approximately four miles from the I-295 interchange and within a short commute to the sprawling Fort Liberty military installation. The asset is structured for multifamily use, serving as a functional housing option for those prioritizing proximity to major employment hubs. Typical tenants likely include military personnel stationed at Fort Liberty, healthcare professionals, or civilian contractors working in the Fayetteville metropolitan area. Its configuration is well-suited for long-term rental portfolios or workforce housing strategies. The surrounding environment appeals to occupants seeking a private, low-traffic residential setting while maintaining easy access to the city’s primary commercial corridors and essential services.

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NOI
$80,000
Cap Rate
1.78%
DSCR
0.30
Underwater
Cash-on-Cash
-13.86%
Monthly Payment
$22,263.545
Annual Cash Flow
$-187,162.537

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