COBBLESTONE APARTMENTS – 134 UNITS IN FAYETTEVILLE, NC

PRICE:
$ 16,001,000
STATUS:
Sold
ADDRESS:
226 Tallstone Dr, Fayetteville, NC 28311, USA
OVERVIEW:

SOLD 4/14/2022 FOR $16,001,000
$119,410 per unit

Deaton Investment Real Estate represented the buyer and was the sole broker in this off-market transaction. This deal represented a rare asset trade by the original developer. Cobblestone Apartments features 134-units located in Fayetteville, NC. Built in 1986, the property offers an attractive mix of one- and two-bedroom garden-style floorplans in addition to three-bedroom townhomes. Amenities include a clubhouse, pool, hot tub, fitness center, sauna, tennis courts, playground, laundry facilities, and spacious grounds.

Link To Tax Records
UNIT INFORMATION
Unit Type Size Rent
32 UNITS 1BD/1BA 800 SF $690-$885
72 UNITS 2BD/2BA 1,040 SF $780-$1,050
30 UNITS 3BD/2.5BA TOWNHOME 1,500 SF $1,010-$1,370
PROPERTY INFORMATION
PIN 0530-54-7598
Tax Value $6,621,900
Taxes $94,481.37
Lot Size 12.5 ACRES
Year Built 1986
Exterior WOOD
Floors CARPET, VIYNL
Foundation SLAB
HVAC CENTRAL AIR, HEAT PUMPS
Utilities TENANT PAYS UTILITIES
Legal Description FAYETTEVILLE AIRPORT PROP LO83 SE01 BL00000 PL0012-0072
Appliances RANGE, REFRIGERATOR, DISHWASHER, W/D CONNECTONS
Sold Date 2022-04-12
Zoning SF6

Location Map

COBBLESTONE APARTMENTS – 134 UNITS IN FAYETTEVILLE, NC
Address: 226 Tallstone Dr, Fayetteville, NC 28311, USA Price: $ 16,001,000 Unit: 134