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 west Fayetteville, North Carolina, within a residential neighborhood characterized by a mix of single-family homes and mid-sized apartment complexes. The property situated near the intersection of Raeford Road and 71st School Road, providing direct access to the city’s primary commercial corridors. Residents are within a short drive of the Cross Creek Mall area, numerous grocery outlets, and various dining options. The location offers convenient transportation links to the All American Expressway and is approximately seven miles from the gates of Fort Liberty. The asset is structured for multifamily residential use, well-suited for a buy-and-hold investment strategy or a value-add renovation program. Given the proximity to the military installation and local healthcare facilities like Cape Fear Valley Medical Center, the typical tenant profile includes active-duty service members, military families, and local service-sector employees. The consistent demand for workforce housing in this submarket supports steady occupancy. The property’s configuration allows for traditional long-term leasing to individuals seeking a suburban residential setting with proximity to major employment hubs and regional transit routes.

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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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