CLAREMONT HILLS – 19 UNITS IN FAYETTEVILLE, NC

PRICE:
$ 1,750,000
STATUS:
Available
ADDRESS:
7569 Faraday Place, Fayetteville, NC, USA
OVERVIEW:

Claremont Hills is a 19-unit community featuring five, single-story, brick buildings situated around a quiet cul-de-sac in a neighborhood with mostly single-family homes. Located just two miles from the entrance to Ft. Liberty in the West Cumberland County submarket of Fayetteville, N.C., the property offers convenient access to major employment and retail centers.

Current ownership has invested more than $450,000 in capital improvements since 2022. These improvements include new roofs, resurfacing the parking lot, installing water submeters, interior renovations, and more. At an average cost of $16,000 per unit, the interior renovations include; LVP flooring, stainless steel appliances, updated electrical fixtures, refinished bathrooms and bathtubs, new countertops, and more.

This offering represents a rare opportunity to acquire a stabilized and renovated asset of this size. The property consists of four tax parcels located at 7569, 7572, 7571, and 7570 Faraday Place. The same owner is also offering 32 units nearby for sell.

LINK TO TAX RECORDS CLAREMONT HILLS – 19 UNITS IN FAYETTEVILLE, NC
UNIT INFORMATION
Unit Type Size Rent
19 UNITS 1 BD/1 BA 650 SF $875 + $114 FEES
PROPERTY INFORMATION
PIN 0948-49-2680, -1467, -1642, -1743
Tax Value $463,600 (Scheduled for revaluation in 2025)
Taxes $7,285.27 (Scheduled for revaluation in 2025)
Lot Size 2.12 ACRES
Year Built 1971 & 1972
Exterior BRICK, WOOD
Floors LVP
Foundation CRAWL
HVAC WINDOW A/C, BASEBOARD HEAT
Utilities WATER IS SUBMETERED
Legal Description SEE TAX RECORDS
Appliances RANGE, REFRIGERATOR, MICROWAVE, DISHWASHER, STACK WASHER & DRYER CONNECTIONS
Zoning SF-10

Location Map

CLAREMONT HILLS – 19 UNITS IN FAYETTEVILLE, NC
Address: 7569 Faraday Place, Fayetteville, NC, USA Price: $ 1,750,000 Unit: 19