MEADOW POINTE APARTMENTS – 56 UNITS IN FAYETTEVILLE, NC

Price:

$4,400,000

Status:

Sold

Address:

915 Applewood Ln, Fayetteville, NC 28303, USA

Overview:

SOLD 11/8/20 FOR $4,400,000

Deaton Investment Real Estate represented the seller is this off-market transaction. Located 1.5 miles from Fort-Bragg and closing to shopping, entertainment, and restaurants, Meadow Pointe represents a stabilized asset with upside. The property features a 50/50 mix of attractive 1-bedroom and 2-bedroom floorplans in a convenient location near I-295.

Unit Information

UnitTypeSizeRent
28 UNITS1 BD/1 BA665 SF$705
28 UNITS2 BD/2 BA915 SF$805

Property Information

PIN 9499-71-0572 & 9499-71-1765 Tax Value $1,981,700
Taxes $28,468 Lot Size 4.45 ACRES
Year Built 1982 Exterior VINYL
Floors CARPET, VINYL, LVT Foundation SLAB
HVAC CENTRAL A/C, HEAT PUMP Owner Financing NONE
Utilities PAID BY TENANT Appliances RANGE, REFRIGERATOR, DISHWASHER
Legal Description DOMINION PROP INV II LLC LO1 & LO2 SE01 PL0122-0053 Zoning LC
Sold Date 11/09/2020