1107 W Rowan St

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1107 W Rowan St

Fayetteville, NC 28305
Asking Price
$2.15M
Asset Type
Multifamily
Class
Class B

What's Special

1107 W Rowan St is located in Fayetteville’s downtown periphery, positioned near the intersection of the Murchison Road and Bragg Boulevard corridors. The surrounding neighborhood features a mix of historic residences and small-scale commercial developments. Occupants have immediate access to local transit routes and are within one mile of Segra Stadium and the central business district. The property is approximately five miles from the boundaries of Fort Bragg (Fort Liberty), providing high connectivity to major regional employment hubs and logistical transit points. This multifamily asset is suited for workforce housing or student rental conversion due to its proximity to Fayetteville State University. The location typically attracts a tenant profile consisting of military personnel, university students, and service-industry professionals working in the nearby urban core. Its configuration allows for long-term residential leasing or potentially transitional housing. The site offers a specialized opportunity for investors seeking to serve the residential demand generated by the city’s governmental and educational institutions.

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NOI
$80,000
Cap Rate
3.72%
DSCR
0.63
Underwater
Cash-on-Cash
-7.39%
Monthly Payment
$10,637.027
Annual Cash Flow
$-47,644.323

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