John Bergin, CCIM John@Waterstonemfg.com 704-804-3342
Waterstone Multi-Family Group is pleased to present the Brookstone apartments, a 282-unit Class-A property located in Fayetteville, NC. Built in 1998, the property is only 5 minutes from Fort Bragg (the largest military base in the world, with over 53,000 active duty, and 14,000 civilian personnel).
Property amenities include:
- Fitness center
- Laundry facility
- Playground area
- Swimming pool
- On-site storage available
- Furnished-unit options available
- Private unit patios
- Water, sewer, and trash services included
Brookstone is located along Bragg Blvd/Hwy24, with direct access to both Fort Bragg and downtown Fayetteville. It lies next door to the Cliffdale library, 2.8 miles from the Cross Creek Mall & Westwood shopping and entertainment district, 3 miles from Lake Rim Park, 2.5 miles from Interstate-295, and is situated within 4 miles of the nearest High school, Middle school, and Elementary school.
PLEASE NOTE: This is a debt-assumption deal. Current financing is in place through November 2021 at a fixed rate of 4.9%.
Since the election of the new Administration, there has been a renewed focus on Defense spending and military preparation efforts at a national level. Military markets offer investors the employer stability normally found in larger MSA’s, with the natural business-cycle investment hedge commonly found in the military market sector (vs prime market investments).
- Address: 6430 Brookstone Lane Fayetteville, North Carolina
- Area: Fayetteville
- Number of Units: 282
- Year Built: 1998
- Acres: 12.42