USANCFayetteville100 & 102 Twin Acres Drive

New

$585,000

For Sale

21 hours ago

100 & 102 Twin Acres Drive, Fayetteville, NC

Name: 100 & 102 Twin Acres Drive, For Sale in Fayetteville - eXp Realty
Brand: TOWNSEND REAL ESTATE
SKU: LP764835
Price: 585000 USD

Condo

MLS® LP764835

0 Bed

0 Bath

Key Facts
Description
Map

Key Facts

Type Apartment

Levels Residential Income

Size -

Garage No

HOA Fees

Taxes

Days Active 0

Approx. Age 1950

MLS® Number LP764835

Property Address: 100 & 102 Twin Acres Drive, Fayetteville, NC, 28303

Average square foot calculated using Size range provided by listing agent.

Description

Rare opportunity to acquire a fully occupied, income-producing 5-unit portfolio in Fayetteville, NC — offered at a 6.59% cap rate with $38, 542 in annual net operating income. The offering includes a quadplex at 100 Twin Acres Drive and a detached one-bedroom cottage at 102 Twin Acres Drive, conveying together on one transaction. All five units are leased with leases in place through 2027, providing immediate cash flow for the incoming owner.The quadplex (100 Twin Acres Dr, built 1962) features four apartments totaling 4, 624 square feet across a mix of one- and two-bedroom floor plans. The detached cottage (102 Twin Acres Dr, built 1950) is a charming one-bedroom, one-bathroom residence totaling 706 square feet. Combined gross monthly rent is $5, 552 ($66, 624 annually).The owner has invested substantially in both properties in recent years. Notable improvements include: complete gut renovation of the cottage (2025) with new mini-split HVAC, LVT flooring, oak kitchen cabinets, new bathroom fixtures, and full exterior repaint; complete renovation of Apt C (2021) including new kitchen, new bathrooms, new flooring, and new windows; new roofs on Apt C (2019) and Apt E (2019); new windows throughout multiple units (2025–2026); major site drainage and grading work ($26, 000, 2023); and extensive cosmetic updates across all units. Roofs on Apts A and B were replaced approximately 2012.Tenants pay electric, gas, and internet. Water at 102 Twin Acres Dr is tenant-paid. Owner expense load is lean — property taxes, insurance, lawn care, water at the quadplex, pest treatment, and management total approximately $28, 082 annually.Fayetteville's rental market is anchored by Fort Bragg, one of the largest military installations in the United States, providing stable, year-round tenant demand.

MLS® NumberLP764835

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry Level

Exposure

Exterior

GarageNo

Approx. Age1950

Stories

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/C

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Jun 26, 2026List Date

$585,000List Price

Commute

Commute

Starting Address

Destination Address

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment

I want to view this property

By pressing "Take a Tour", I confirm that I have read and agree to the eXp Privacy Policy, and Terms of Use.

By pressing "Take a Tour", I am electronically signing and consenting to receive marketing comms about real estate brokerage and mortgage lending services, delivered via email, phone and/or text (using "automated technology" such as an automatic telephone dialing system, and/or an artificial or prerecorded voice), from eXp Realty® and its independent contractor real estate professionals and their affiliate SUCCESS® Lending using the contact information I provided. Your consent is not a condition of purchase and you may revoke it at any time by replying "STOP" to any texts. Text HELP for more info. Message and data rates may apply. You may also contact us directly at 1-844-683-4664.

Similar Listings

Comparable Properties

DMCA Notice

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply

Fair Housing and Reasonable Accommodations

MLS Compliance Statements

Karen Richards - Designated Managing Broker, Broker Operations - TX

Texas Real Estate Commission information about brokerage services

Texas Real Estate Commission Consumer Protection Notice

eXp Realty® is committed to adhering to the guidelines of The New York State Fair Housing Regulations.The Fair Housing Notice →

*Standardized Operating Procedure for Purchasers of Real Estate Pursuant to Real Property Law 442-H.Learn More →

eXp Realty of California, Inc. | CA DRE# 01878277 | Deborah Penny - Designated Broker

eXp Realty of Southern California, Inc. | CA DRE#01325837 | Jason Crawford – Designated Broker

eXp Realty of Greater Los Angeles, Inc. | CA DRE# 01240990 | Mike Mendibles - Designated Broker

eXp Realty of Northern California, Inc. | CA DRE# 01951343 | Ryan Rosas - Designated Broker