210 Colonial Drive, Fayetteville, NC 28301

Fayetteville
Local realty services provided by:Better Homes and Gardens Real Estate Paracle
210 Colonial Drive,Fayetteville, NC 28301
$1,650,000
  • 36 Beds
  • 21 Baths
  • 14,000 sq. ft.
  • Multi-family
  • Active
Listed by: ashley hum
Office: highgarden real estate nc
MLS#:10186622
Source:RD

Price summary

  • Price:$1,650,000
  • Price per sq. ft.:$117.86

About this home

Turnkey 24-Unit Multifamily Investment Opportunity | Fayetteville, NC Exceptional 24-unit colonial-style multifamily portfolio offering strong, turnkey cash flow with immediate value-add potential. Comprising two adjacent parcels being sold together, this property features an optimal unit mix of 12 one-bedroom and 12 two-bedroom floor plans. Investment Highlights Extensively Remodeled: 22 of the 24 units have been fully renovated, providing a turnkey operational foundation. Immediate Value-Add Upside: Only two units (#15 and #16) remain in original condition, ready for modern updates upon vacancy to maximize rent rolls. Strong, Consistent Cash Flow: Units currently generate steady income renting at approximately $789 per unit. Unit Mix: Balanced distribution (12 one-bedroom / 12 two-bedroom units) catering to broad market demand. Strategic Location: Desirable Fayetteville, NC location near major employers, retail, and transit. Property Note / CapEx: Roof Replacement: The property...

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Home facts

  • Year built:1970
  • Subdivision & Development:Not in a Subdivision
  • Listing ID #:10186622
  • Added:1 day(s) ago
  • Updated:August 15, 2026 at 08:00 PM

Rooms and interior

  • Bedrooms:36
  • Total bathrooms:21
  • Full bathrooms:21
  • Flooring:Concrete, Laminate, Vinyl
  • Kitchen Description:Electric Range, Free-Standing Electric Range, Free-Standing Range, Free-Standing Refrigerator, Range, Range Hood, Refrigerator
  • Living area:14,000 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fan(s), Central Air, Electric
  • Central air:Yes

Structure and exterior

  • Roof:Architectural Shingle
  • Year built:1970
  • Building area:14,000 sq. ft.
  • Lot area:1.7 Acres
  • Lot Features:Cleared, Few Trees
  • Construction Materials:Brick, Brick Veneer
  • Foundation Description:Slab
  • Levels:Three Or More

Utilities

  • Water:Community Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,650,000
  • Price per sq. ft.:$117.86
  • Tax amount:$489

Parking

  • Parking description:Asphalt, Parking Lot
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