104 Brickyard Ln

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104 Brickyard Ln

Lillington, NC 27546
Asking Price
$1.95M
Asset Type
Multifamily
Class
Class B

What's Special

104 Brickyard Lane is located in Lillington, North Carolina, situated within Harnett County. The property is positioned in a commercial and residential transition zone characterized by a mix of local businesses, government offices, and single-family housing. Residents have access to essential amenities including grocery stores, dining options, and public services within the immediate Lillington area. The location provides proximity to U.S. Route 401 and North Carolina Highway 27, offering direct transportation links to the nearby municipalities of Fuquay-Varina, Fayetteville, and the Research Triangle region. As a multifamily asset, this location is suited for rental housing development or operation. The property provides a viable living option for a tenant profile consisting of local professionals, government employees, and commuters working in the surrounding industrial and military hubs. Its proximity to Campbell University in nearby Buies Creek also makes it a potential residential site for university staff and graduate students seeking housing outside the immediate campus environment. This asset serves the steady demand for workforce housing in an expanding regional market.

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NOI
$80,000
Cap Rate
4.10%
DSCR
0.69
Underwater
Cash-on-Cash
-6.11%
Monthly Payment
$9,647.536
Annual Cash Flow
$-35,770.433

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