9605 Cliffdale Rd

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9605 Cliffdale Rd

Fayetteville, NC 28304
Asking Price
$2.00M
Asset Type
Multifamily
Class
Class B

What's Special

9605 Cliffdale Road is situated in western Fayetteville, positioned along a major suburban corridor characterized by a mix of residential subdivisions and commercial retail centers. The property offers proximity to the 295 Fayetteville Outer Loop, providing regional connectivity to the wider metropolitan area and local employment hubs. Nearby amenities include several grocery-anchored shopping plazas, diverse dining options, and public parks. The location is served by the city’s transit system and maintains high visibility due to steady traffic counts along Cliffdale Road. The site is well-suited for multifamily development targeting a diverse tenant base, particularly professionals working at nearby medical facilities or commuters utilizing the outer loop. Its location within a growing residential pocket makes it an ideal candidate for market-rate apartments or townhome units. Potential residents typically include small families and individuals seeking a suburban lifestyle with direct access to urban conveniences. The surrounding infrastructure supports high-density residential use, aligning with the established transition from commercial frontage to neighborhood housing.

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NOI
$80,000
Cap Rate
4.00%
DSCR
0.67
Underwater
Cash-on-Cash
-6.46%
Monthly Payment
$9,894.909
Annual Cash Flow
$-38,738.905

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