
5801-5807 Aftonshire DriveFayetteville, NC 28304
Listed by LPT REALTY LLC5801–5807 Aftonshire Drive offers a well-positioned quadraplex consisting of four 1-bedroom, 1-bathroom units, each featuring a private rear deck. The property is currently 75% occupied and generating $2,240 in gross monthly income, with rents below market, providing immediate upside.Conveniently located just off Raeford Road, this property offers quick access throughout Fayetteville, making it attractive to tenants and investors alike. With projected rents of $950 per unit, and assuming 20% down, an 18% expense ratio (vacancy, capex, property management), plus monthly HOA fees, the projected net cash flow is approximately $619 per month, or $7,430.88 annually, representing an estimated 11% cash-on-cash return.This asset presents a strong pro forma with room for value creation, whether through rent increases or stabilization to full occupancy. An excellent option for investors looking to expand their portfolio or acquire a turn-key multifamily asset in a high-demand location.Financial projections are based on current market conditions and seller/broker analysis. Actual results may vary depending on financing terms, operating expenses, turnover, and management practices.
Property boundary from county GIS
Neighborhood data describes this home's U.S. Census tract and is provided for information only. Statistics describe an area, not any individual property or its residents.
* Estimates only. Actual rates, payments, and terms vary. Consult a licensed mortgage professional.

Listed by LPT REALTY LLC
Listed by LPT REALTY LLC
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