801 Ducks Lndg
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801 Ducks Lndg
40 Unit Apartment Building $14,000,000 ($350,000/Unit) 5.80% Cap Rate Aberdeen, NC 28315
Investment Highlights
- 40 Townhome Units
- Mix of Long-Term & Short-Term Rentals
- 5.8% Proforma Cap Rate
Executive Summary
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
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
Property Facts
Price | $14,000,000 | Apartment Style | Townhome |
Price Per Unit | $350,000 | Building Class | B |
Sale Type | Investment | Lot Size | 1.24 AC |
Cap Rate | 5.80% | Building Size | 67,640 SF |
Sale Conditions | Bulk/Portfolio Sale | Average Occupancy | 100% |
No. Units | 40 | No. Stories | 2 |
Property Type | Multifamily | Year Built | 2023 |
Property Subtype | Apartment |
Price | $14,000,000 |
Price Per Unit | $350,000 |
Sale Type | Investment |
Cap Rate | 5.80% |
Sale Conditions | Bulk/Portfolio Sale |
No. Units | 40 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Townhome |
Building Class | B |
Lot Size | 1.24 AC |
Building Size | 67,640 SF |
Average Occupancy | 100% |
No. Stories | 2 |
Year Built | 2023 |
Unit Amenities
- Air Conditioning
- Dishwasher
- Microwave
- Washer/Dryer Hookup
- Ceiling Fans
- Kitchen
- Granite Countertops
- Refrigerator
- Stainless Steel Appliances
- Range
- Walk-In Closets
- Carpet
- Deck
- Island Kitchen
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
3+2 | 40 | $2,550 | 1,691 |
zoning
Zoning Code | RM-6 |
RM-6 |
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