Rockfish Manor Multi-Family | 3454 Rockfish Rd
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Rockfish Manor Multi-Family 3454 Rockfish Rd
8 Unit Apartment Building $1,195,522 CAD ($149,440 CAD/Unit) Raeford, NC 28376
Executive Summary
Grant-Murray Real Estate is pleased to present for sale the Rockfish Manor Apartments located in the growing Hoke County Submarket of Fayetteville surrounded by single-family development.
Rockfish Manor consists of 4 duplexes (8 units) located on 2 acres constructed in 1996. Each unit measures 1,012 sq. ft. and is two-bedrooms/two-bathrooms. The current rent roll supports a yearly gross revenue of $78,240.
The property presents a value-add opportunity with current below market rental rates (see Rent Roll below). According to CoStar, the average market rent in the Hoke County Submarket for a two-bedroom unit is $1,380. Rental rate per unit at the property ranges from $850 to $995 per month and averages $931 per month.
The property is also located five (5) miles from downtown Raeford, providing tenants convenient nearby shopping and restaurants.
Rockfish Manor consists of 4 duplexes (8 units) located on 2 acres constructed in 1996. Each unit measures 1,012 sq. ft. and is two-bedrooms/two-bathrooms. The current rent roll supports a yearly gross revenue of $78,240.
The property presents a value-add opportunity with current below market rental rates (see Rent Roll below). According to CoStar, the average market rent in the Hoke County Submarket for a two-bedroom unit is $1,380. Rental rate per unit at the property ranges from $850 to $995 per month and averages $931 per month.
The property is also located five (5) miles from downtown Raeford, providing tenants convenient nearby shopping and restaurants.
Property Facts
| Price | $1,195,522 CAD | Building Class | C |
| Price Per Unit | $149,440 CAD | Lot Size | 1.99 AC |
| Sale Type | Investment | Building Size | 8,288 SF |
| No. Units | 8 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1996 |
| Apartment Style | Garden |
| Price | $1,195,522 CAD |
| Price Per Unit | $149,440 CAD |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.99 AC |
| Building Size | 8,288 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1996 |
Unit Amenities
- Air Conditioning
- Dishwasher
- Microwave
- Washer/Dryer Hookup
- Heating
- Security System
- Kitchen
- High Speed Internet Access
- Refrigerator
- Tub/Shower
- Carpet
- Yard
- Grill
- Den
- Freezer
- Lawn
- Patio
- Vinyl Flooring
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 8 | - | - |
1 of 1
1 of 10
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Rockfish Manor Multi-Family | 3454 Rockfish Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.