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36 Beds
21 Baths
14,000 sqft

$1,600,000

210 Colonial Drive, Fayetteville NC, 28301

Price per sqft$114.29
Built in1970
Property size14,000 sqft
Property typeCondominium
Listing courtesy of Highgarden Real Estate NC

Overview

Active

Listed Aug 15, 2026

Updated 10h ago

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 unit (#15) 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. The colonial property has a new roof August 2026! There are 2 vacant units that can be viewed. Over $300,000 in renovations were done in past couple years!

$10,645/mo

Est. mortgage payment based on a $1,600,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
10186622

Interior Features

Bedrooms
36
Bathrooms
21
Cooling
Yes
Basement
No

Exterior Features

Lot Size
1.7 Acres
MLS provider logo

Listed by Ashley Hum, , Highgarden Real Estate NC

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Data last updated 3:48 PM UTC, 10/8/2026

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