Douglas Square

Posted: 3/25/2021
198 Units
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Under Contract
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Douglas Square
Under Contract
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Douglas Square
Under Contract
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Douglas Square
Under Contract
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Douglas Square
Under Contract
Slideshow Image
Douglas Square
Under Contract
Slideshow Image
Douglas Square
Under Contract
Slideshow Image
Douglas Square
Under Contract
Slideshow Image
Douglas Square
Under Contract
Slideshow Image
Douglas Square
Under Contract
Slideshow Image
Douglas Square
Under Contract
Slideshow Image
Douglas Square

About

About Douglas Square

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Douglas Square on Hope Mills, a 198-unit apartment community located in Fayetteville, North Carolina. The asset is surrounded by the region’s prominent thoroughfares, which provide residents convenient access to the plethora of retail in the immediate area as well as the largest employers in the city, including Fort Bragg. Built in 1972 with a complete repositioning in 2020, Douglas Square on Hope Mills offers an outstanding opportunity to invest in a property with very little deferred maintenance with a recent capital infusion of $2.2MM+ and a successful value-add initiative that is underway, presenting a potential 24% boost in annual NOI.

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