Grant-Murray Real Estate is pleased to present for sale the Hinsdale Townhomes located in a quiet part of the North Fayetteville (Terry Sanford) Submarket where average home value within a 0.3 mile radius is $342,680. The property consists of ten (10) units (1 vacant) located on 0.76 acres. Each unit measures 950 sq. ft. and is two-bedroom/two-bathroom. The property presents a value-add opportunity with current below market rental rates (see Rent Roll below). The average market rent in the Terry Sanford Submarket for a two-bedroom unit is $1,146. Rental rate per unit at the property ranges from $900 to $1,195 per month and averages $1,018 per month. Assuming rental increase to market rate and thirty percent (30%) expense ratio, net operating income is projected at $96,264 (6.87% cap rate). The property is also located less than six (6) miles from Fort Liberty, the world's largest military base in terms of population, providing a steady tenant pool. Combined, there are nearly 265,000 military personnel, civilian employees, retirees, and family members supported by Fort Liberty. Fayetteville, NC is the seat of Cumberland County and serves as economic and cultural hub of southeastern North Carolina, mainly due to the local economic stimulus that Fort Liberty provides to the area.