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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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157 Old Shaw Rd , Fayetteville, NC 28303
$999,000
Est. Payment: $5,148.05/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 22
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

157 Old Shaw Rd presents an excellent multifamily investment opportunity featuring a 10-unit apartment complex with strong in-place occupancy and consistent rental income. The property offers investors immediate cash flow with an average monthly rent of $871.06 per unit, providing both stable income and future upside potential through continued rental growth and operational efficiencies.The property has recently undergone extensive, high-value capital improvements designed to maximize efficiency, protect your margins, and attract premium tenants. Key modernizations include a comprehensive full plumbing overhaul and major electrical upgrades—complete with dedicated, newly added breaker boxes for every apartment. Inside the units, tenants enjoy an elevated living experience with brand-new kitchens and bathrooms, featuring all-new cabinetry, brand-new refrigerators, and modern stoves.This asset is well-positioned for investors seeking a professionally maintained multifamily property in a growing rental market. The unit mix and steady tenant demand make this an attractive addition to any investment portfolio, whether for a seasoned operator or first-time multifamily investor.The property represents a successful, completed value-add project. Since acquisition, ownership has implemented a comprehensive operational turnaround, rectifying previous management inefficiencies and optimizing the tenant base. The current list price reflects the property’s successful transition from an under-performing asset to a fully stabilized, high-yield investment.Financial information, including income and expense figures, has been provided by the property owner. Buyers are encouraged to conduct their own independent due diligence and verification of all financials and property information.Contact listing agent for additional details, rent roll, and financial package.

Highlights

Listed by KENDRA LANCASTER , 910-964-5575 TOWNSEND COMMERCIAL , 910-485-1707. Triangle MLS, Inc. of North Carolina mls logo

Property Type

Multi-Family

County

Cumberland

Neighborhood

Bonnie Doone

Listing ID

LP765763

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Zoning:MR5 - Mixed Residential
Sewer:Other
Principal Interest
$5,148
Taxes
$637

Home Price

$999,000

Loan Details

30 yrs
6.683%

Down Payment

20%
$199,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,148.05

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,148.05 $636.86 $0.00 $5,784.92
Yearly $61,776.63 $7,642.35 $0.00 $69,418.98
Total $1,853,298.96 $229,270.50 $0.00 $2,082,569.46

Today's Rates

30 Year

6.68%

20 Year

6.55%

15 Year

6.13%

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Market insight data is pulled from the same city as the listing being viewed (Fayetteville, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information Not Guaranteed.
Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.
©2026 Triangle MLS, Inc. of North Carolina. All rights reserved.

Data last updated: 2026-08-02T01:24:44.000Z

© 2026 Triangle MLS, Inc. of North Carolina

MLS Logo - Triangle MLS, Inc. of North Carolina