130 Fairway Avenue, Southern Pines, NC 28387
$3,600,000
Property Type:
Comm Sale or Lease
Square Footage:
350
Lot Size (sq. ft.):
212,573
Status:
Active
Current Price:
$3,600,000
List Date:
10/03/2024
Last Modified:
9/19/2025
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
Building/Ext Features
# of Parking Spaces: 60
# of Units: 60
Lot Acres: 4.88
Lot SqFt: 212573
Lot Dimensions: 345.7X507.84X516.43X425.05
SqFt - Apx Total: 350
SqFt - Total Available: 350
Location Type: Mainland
Contract Info
Available Date: 2024-10-03
Delayed Marketing?: No
Garage: N/A
Sale/Lease: Sale
List Price/SqFt: 10285.71
Stipulation of Sale: Standard
Status: Active
Marketing Start Date: 2024-10-03
Listing Price: 3600000
Current Price: $3,600,000
Location Information
City Limits: No
Marketing City: Southern Pines
Secondary Subdivision: N/A
Street #: 130
Street Name: Fairway
Street Suffix: Avenue
County: Moore
State/Province: NC
Zip Code: 28387
Subdivision: Royal Estates
Geo Lat: 35.206094
Geo Lon: -79.343356
Remarks and Showing
Sign on Property: No
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.
Building Info
New Construction: No
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
Zoning: MULTIP
HOA: Yes
Cobra Zone: No
Year Built: 2005
HOA and Neigh Amenities
Water: 1
Parking Features
Other: 1
See Remarks: 1
Sale/Lease Includes
See Remarks: 1
Road Type/Frontage
See Remarks: 1
Heating System Fuel Source
Electric: 1
Water Heater
Electric: 1
Utilities
See Remarks: 1
BuildingExt Features
SqFt - Heated (Primary): 350
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
IDX
Last Updated: September - 19 - 2025
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