130 Fairway Avenue, Southern Pines, NC 28387 (MLS# 100469233)

130 Fairway Avenue, Southern Pines, NC 28387

$3,650,000
Property Type: Comm Sale or Lease Square Footage: 350 Lot Size (sq. ft.): 212,573 Status: Active
Current Price: $3,650,000 List Date: 10/03/2024 Last Modified: 4/21/2025

Description

This unique offering presents a rare opportunity to enter a thriving market with a strong and growing demand for affordable rental properties. Don't miss your chance to invest in 38 fully leased studio residencies enabling controlling interest in the Home Owners Association

More Information MLS# 100469233

Contract Info

Available Date: 2024-10-03 Status: Active Delayed Marketing?: No Marketing Start Date: 2024-10-03 Garage: N/A Sale/Lease: Sale Listing Price: 3650000 Current Price: $3,650,000 List Price/SqFt: 10428.57 Stipulation of Sale: Standard

Location Information

Street #: 130 Street Name: Fairway Street Suffix: Avenue County: Moore State/Province: NC Zip Code: 28387 City Limits: No Marketing City: Southern Pines Subdivision: Royal Estates Secondary Subdivision: N/A Geo Lat: 35.206094 Geo Lon: -79.343356

Remarks and Showing

Directions to Property: Traveling North on HWY 1 you will pass the Hyland Golf Course. At first opportunity, make a U turn, 130 Fairway Ave is the main entrance...on the left is the entrance to the Club House on the right is the building where the HOA operates. Sign on Property: No

Building Info

New Construction: No

BuildingExt Features

SqFt - Heated (Primary): 350

Legal and Taxes

Tax Assessed Value: 715266 Deed Book: 371 Deed Page: 235 Legal: 00991783/859319704139 Broker Owner: No PID: 859319704139 Tax Identifier: 00991783 Plat Book: 371 Plat Page: 235 Total Real Estate Property Taxes: 43.5 Special Assessments: None Tax Year: 2023 Year Built: 2005 Zoning: MULTIP HOA: Yes Cobra Zone: No

Property Features

HOA and Neigh Amenities: Water Parking Features: Other; See Remarks Heating System Fuel Source: Electric Water Heater: Electric Utilities: See Remarks
Listing Office: Carolina Summit Group, LLC
Last Updated: April - 21 - 2025
130 Fairway Avenue, Southern Pines, NC 28387- MLS# 100469233
Copyright 2024 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.