Core-Plus Multifamily Investment in Fayetteville, NC
The Summit on 401 is a 291-unit, core-plus multifamily community located in the high-demand market of Fayetteville, North Carolina. In partnership with Monday Properties, this stabilized asset offers immediate cash flow, strong value-add upside, and reduced risk through exceptionally attractive financing.
The property features lush landscaping and premium amenities including a resort-style pool, state-of-the-art fitness center, pet spa, and modern clubhouse. Built in 2012, the community has benefited from over $2.2 million in recent capital improvements, positioning it as a high-quality, low-maintenance investment with long-term growth potential.
Strategically located near Fort Bragg—the largest military base in the U.S.—and major employers like Amazon and Cape Fear Valley Medical Center, the area boasts strong economic fundamentals and consistent renter demand.
This project is uniquely structured with an assumable 3.01% fixed-rate Fannie Mae loan and $11 million in supplemental financing, resulting in a blended interest rate of approximately 4.7%. The total leverage of 65% loan-to-value creates strong day-one positive cash flow and maximized investor returns.
With over 100 units already renovated and a clear path for continued value-add improvements, The Summit on 401 combines operational stability, proven upside, and institutional-grade sponsorship for a standout investment opportunity.
