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$1,499,998

  • For Sale
  • Active
  • Apartment
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Turnkey 12-Unit Townhome Portfolio | Fayetteville, NC | $1.55M | 6.7% CapInvestor-ready and professionally managed, this 12-unit townhome package features strong income, low expenses, and built-in upside. Currently bringing in over $140K in annual gross rents fully occupied with one current vacancy for viewing and several units under market, this stabilized asset is priced at a 6.7% cap rate with $104K NOI.* 2 Airbnb units + pet fee income (additional option for coin based laundry as well.)* Nearly $100K in recent upgrades* Tenants pay trash & utilities for 2 bed units and 2 of the (1) bed units* Townhome-style = future fee simple exit potential* Strong demand near Fort Bragg* Room to raise rents. Easy to manage. Great for in-state or out-of-state investors.

Full Property Details for 816 Pilot Ave

General

  • Price: $1,499,998
  • Status: Active
  • Type: Apartment
  • Source: 2218
  • MLS ID: LP748227
  • Updated: 10/20/2025
  • Added to Site: 165 day(s) ago

Exterior

  • Porch/Patio/Deck: Front Porch

Location

  • County: Cumberland
  • Driving Directions: Please use google maps

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Air

Utilities

  • Utility Description: Natural Gas Not Available

Structural Information

  • Year Built: 1963

Lot Features

  • Lot Features: Corner Lot
  • Zoning: MR5 - Mixed Residential

Disclosures and Reports

  • Property ID: 428700366

Listed by Swanky Nests, Llc., MARK PELAEZ (910) 670-9087

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Listing agent

— 816 Pilot Ave —

  • MARK PELAEZ

    Swanky Nests, Llc.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 816 Pilot Ave

School District:Cumberland County Schools
NameGradesDistance
Margaret Willis Elementary
1412 Belvedere Avenue, Fayetteville, NC 28305
PK-50.3 mi
Luther Nick Jeralds Middle
2517 Ramsey Street, Fayetteville, NC 28301
6-82.4 mi
Terry Sanford High
2301 Fort Bragg Road, Fayetteville, NC 28303
9-120.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 816 Pilot Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/15/2025
Price Reduced
$1,499,998
-3.23%
MLS
8/06/2025
Listed
$1,549,998
118.31%
MLS
1/05/2021
Sold
$710,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 816 Pilot Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,911
2%
$446,192
41%
2024
$5,799
55%
$317,412
—
2019
$3,741
-31%
$317,412
—
2022
$5,412
—
$317,412
—
2021
$5,412
45%
$317,412
27%
2019
$3,741
-31%
$249,300
-34%
2018
$5,412
3%
$378,000
—
2017
$5,265
—
$378,000
-5%
2016
$5,267
1%
$399,500
—
2015
$5,213
4%
$399,500
—
2013
$5,030
—
$399,500
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 816 Pilot Ave

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Swanky Nests, Llc., MARK PELAEZ (910) 670-9087

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Price Reduced near 816 Pilot Ave

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3005 Royal Ave, Eastover, NC 28312 - Photo 1 Price Reduced
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Recent Sales near 816 Pilot Ave

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816 Pilot Avenue, Fayetteville, NC 28303 (MLS# LP748227) is a Apartment property with 0 bedrooms and 0 full bathrooms. 816 Pilot Avenue is currently listed for $1,499,998 and was received on August 06, 2025. Want to learn more about 816 Pilot Avenue? Do you have questions about finding other Apartment real estate for sale in Fayetteville? You can browse all Fayetteville real estate or contact a Coldwell Banker agent to request more information.

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