7569 Faraday Pl

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7569 Faraday Pl

Fayetteville, NC 28303
Asking Price
$1.70M
Asset Type
Multifamily
Class
Class B

What's Special

7569 Faraday Place is situated in Western Fayetteville, North Carolina, within a primarily residential suburban corridor. The property benefits from its proximity to major transit arteries, including the All American Expressway and Cliffdale Road, providing direct access to the wider metropolitan area. Local amenities include the nearby Cross Creek Mall shopping district, various grocery anchors, and diverse dining options along the Skibo Road corridor. The neighborhood is characterized by established residential developments and proximity to local parks and recreational facilities. This multifamily asset is positioned to serve a diverse tenant base, including military personnel stationed at nearby Fort Liberty and healthcare professionals working in the regional medical centers. The location is well-suited for traditional workforce housing or long-term rental suites catering to young professionals and small families seeking proximity to the city's primary employment hubs. The site offers a functional layout for residential densification or a stabilized multi-unit investment within a high-demand rental submarket.

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NOI
$80,000
Cap Rate
4.71%
DSCR
0.79
Underwater
Cash-on-Cash
-4.10%
Monthly Payment
$8,410.672
Annual Cash Flow
$-20,928.069

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