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$2,650,000

Beds
Unknown
sq ft
Unknown

817 Ridge Road, Fayetteville, NC 28311

817 Ridge Road

Fayetteville, NC 28311

  • 13 days on market
This exceptional 32-unit complex spans 4.42 acres and consists of eight quadplexes, offering a mix of 8 two-bedroom, one-and-a-half-bath units and 24 two-bedroom, one-bath units. With 13 units renovated by the current owner and 19 updated by the previous owner, this property boasts modern upgrades, including all roofs replaced within the last 5 years. Strategically located near Fort Liberty, the largest Army installation in the country, the property benefits from a robust tenant pool. Fort Liberty supports 53,000 active-duty troops, 14,000 civilian employees, 6,000 contractors, and nearly 70,000 active-duty family members. This complex is also conveniently situated near Ramsey Street, providing easy access to retail stores, restaurants, and daily conveniences. Proximity to 295 ensures seamless commutes throughout Fayetteville, a city experiencing a growing population, enhanced infrastructure, and a thriving local economy.

Details

Property type

Apartment

Est. home value

$1,972,093

Lot size

Unknown

Price per sq ft

Unknown

Year built

1974

Price History

01/15/2025
LongleafPine

LongleafPine #737479

Listed
$2,650,000
+104.63%
01/27/2020
LongleafPine

LongleafPine #621657

Sold
$1,295,000
+12.61%
03/01/2016
LongleafPine

LongleafPine #454644

Sold
$1,150,000
+39.39%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

First Citizens Bank & Trust Company

Loan start date

January 2020

Original loan amount

$1,100,750

Est. remaining balance

Not provided

Interest rate

3.68%

Loan type

Commercial

Seller

Blueberry Investments Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 01/29/2025 at 12:50 AM

Listing updated: 01/21/2025 at 5:48 PM

Listed by: PATRICK WHITE, ONNIT REALTY GROUP Phone #: (910) 659-9844

MLS: LongleafPine #737479

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