CHANNING – 273 UNITS IN FAYETTEVILLE, N.C.

Deaton is pleased to present, as exclusive broker to the seller, Channing Apartment Homes, a 273-unit, garden-style multifamily community located in Fayetteville, North Carolina.

Channing represents a compelling opportunity to acquire an institutional-scale, value-add asset with in-place cash flow and clear, near-term NOI growth potential. The Property features a mix of one- and two-bedroom floorplans, well-suited to Fayetteville’s strong workforce housing demand and providing attainable rental options to a broad and durable tenant base.

Ownership has invested over $3 million in capital improvements over the past several years, including new roofs, significant interior renovations, and upgrades to common area amenities and the clubhouse. The community offers a full suite of amenities, including a swimming pool, fitness center, clubhouse, outdoor gathering areas, and pet-friendly features.

Strategically located with proximity to Cape Fear Valley Medical Center, Fort Bragg, and major retail and employment corridors, the Property benefits from strong demand drivers and favorable market fundamentals, including a limited new supply pipeline.

Channing Apartment Homes offers investors the opportunity to acquire a well-located, institutional-quality asset with proven cash flow, embedded value-add, and durable long-term demand drivers in one of North Carolina’s most stable workforce housing markets.