801 Ducks Lndg - Apartments FOR SALE


Aberdeen, NC 28315
$14,000,000 USD
910-603-8395
801 Ducks Lndg, Aberdeen, NC for Sale
$14,000,000 USD
Apartments - FOR SALE
1/54
null | 5.8% Cap Rate

801 Ducks Lndg
Aberdeen, NC 28315


HIGHLIGHTS

  • 40 Townhome Units
  • 5.8% Proforma Cap Rate
  • Mix of Long-Term & Short-Term Rentals

OVERVIEW

EXCEPTIONAL INVESTMENT OPPORTUNITY featuring 40 newly constructed, two-story townhome units located at 801-887 Ducks Landing in Aberdeen, within the sought-after Ducks Landing Townhome complex, which line the fairway of the 5th hole of The Southern Pines Golf Club, an original Donald Ross Course. This offering has a mix of long-term and short-term rental opportunities, presenting a flexible investment option for a buyer seeking to maximize potential returns. These 3-bedroom, 2.5-bathroom townhomes feature open-concept living areas, premium kitchens with stainless steel appliances and granite countertops, and master suites with walk-in closets. A laundry room with hookups near the bedrooms adds practicality, while attached 2-car garages provide added convenience. The community’s proximity to US-1/N Sandhills Blvd and Southern Pines Golf Club further enhances its appeal to discerning renters. Located just minutes from Downtown Aberdeen and Downtown Southern Pines, these units provide unparalleled access to dining, shopping, and recreation. Additionally, the property is a short drive from Pinehurst, the renowned Home of American Golf, further enhancing its appeal to renters and investors alike in this high-demand area. Buyers have the opportunity to acquire all 40 units in the Ducks Landing Townhome complex. This flexibility makes it an exceptional investment opportunity in a high-demand market. Seize the opportunity to invest in Ducks Landing and unlock the potential for exceptional growth and income! This offering includes 40 total units, with 12 owned by one entity and 28 owned by another. Both entities are coordinating to sell their units together, presenting a unique opportunity to acquire the entire property in a single transaction. 5.8% Proforma Cap Rate

FOR SALE DETAILS

PRICE

$14,000,000 USD

PRICE/SF

$2,070 USD /SF

# OF UNITS

40

PRICE/UNIT

$350,000

CAP RATE

5.8%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2023

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.24 AC

LAND SF

54,200 SF

ZONING

RM-6

APN/PARCEL ID

Multiple

ASK ABOUT THIS PROPERTY

George ManleyCarolina Summit Group, LLCMore Info
910-603-8395

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George ManleyCarolina Summit Group, LLCMore Info
910-603-8395

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.