Investment Overview: Carolina Pines Apartments | Fayetteville, NC Sweetwater Capital is proud to present the opportunity to acquire Carolina Pines Apartments, a 71-unit, strategically located multifamily property in the heart of Fayetteville, North Carolina. Situated near prominent retail centers, diverse dining options, and lush parks, the property offers a compelling combination of lifestyle convenience and community appeal. Furthermore, proximity to major economic drivers such as Fort Liberty, Cape Fear Valley Health System, and Cumberland County Schools ensures a stable and robust tenant demand. Recent Capital Improvements: Carolina Pines has undergone a significant transformation over the last three years, with approximately $1,000,000 invested in comprehensive capital improvements. These upgrades include: • Modernized unit interiors designed to compete with and exceed local market standards. • Enhanced common areas and exterior facades, creating an inviting community aesthetic. • Upgraded amenities that improve tenant satisfaction and retention. Proven Rental Growth: The renovation strategy has already yielded remarkable results, with rental rates increasing by 60% since the modernization efforts began. Despite this growth, substantial upside remains: rents can be further increased by an average of $70 per unit, based on current market data and recent leases achieved. This represents an estimated annual revenue uplift of $60,000, providing immediate value-add potential for new ownership. Positioned for Long-Term Growth: Fayetteville’s robust economy, driven by a combination of military, healthcare, and educational employment hubs, underpins strong demand for quality housing like Carolina Pines. The property’s central location and extensive improvements position it as a highly competitive asset within the submarket. Whether as a stabilized cash-flowing asset or a platform for additional value creation, Carolina Pines represents an exceptional investment opportunity in a growing and resilient market.