704 Windy Hill Cir

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704 Windy Hill Cir

Fayetteville, NC 28303
Asking Price
$8.45M
Asset Type
Multifamily
Class
Class B

What's Special

704 Windy Hill Circle is located in the northern submarket of Fayetteville, North Carolina, situated within a primarily residential neighborhood. The property offers convenient access to major local thoroughfares, including Ramsey Street and the 295 bypass, facilitating commutes throughout the Sandhills region. Residents are within a short drive of multiple shopping centers, grocery stores, and local dining options. Proximity to Methodist University and various medical facilities provides a stable infrastructure of essential services and employment hubs within the immediate vicinity. The property is well-suited for traditional multifamily residential use, offering a strategic location for long-term rental operations. The typical tenant profile at this location consists of local professionals, staff and students associated with nearby university campuses, and personnel affiliated with Fort Liberty. Given the surrounding residential density and accessibility to regional transit corridors, the site is positioned to cater to individuals seeking workforce housing with proximity to the city’s primary economic drivers and academic institutions.

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NOI
$80,000
Cap Rate
0.95%
DSCR
0.16
Underwater
Cash-on-Cash
-16.63%
Monthly Payment
$41,805.99
Annual Cash Flow
$-421,671.874

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