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This turnkey 16-unit asset in Spring Lake is best-in-class for the price. Property is fully leased with room for a value add opportunity. Property has been freshly updated, and is situated on over 8 acres of land with optional upside. Nestled adjacent to Fort Liberty, the property benefits from a military population where it is common for tenants pay via BAH allowances, and imbedded into an area that is constantly modernizing and growing with new housing and new commercial construction. Location helps to minimize vacancy exposure. The area has logged double-digit rent growth in the past year. Please note, Fort Bragg has air rights ownership. Aircraft, drones, etc, are restricted in this area.
DAYS ON MARKET | 26 | LAST UPDATED | 7/29/2025 |
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TRACT | NONE | YEAR BUILT | 1937 |
COUNTY | Cumberland | STATUS | Active |
PROPERTY TYPE(S) | Commercial |
ADDITIONAL DETAILS | |
AIR | Central Air |
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AIR CONDITIONING | Yes |
CONSTRUCTION | Vinyl Siding |
INTERIOR | OTHER |
LOT | 0.8 acre(s) |
LOT DESCRIPTION | LEVEL |
LOT DIMENSIONS | 0.0 |
PARKING | Paved, Parking Lot |
SEWER | Public Sewer |
SUBDIVISION | NONE |
WATER | Public |
ZONING | RR - Rural Residential |
TOTAL MONTHLY PAYMENT
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Last Updated On: 8/23/25 9:51 PM PDT
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