Recently renovated Apartments ideally located less than one mile from Cape Fear Valley Medical Center and the new Methodist University Cape Fear Valley Health School of Medicine. This property is situated in the safe and desirable Glendale Subdivision—making it a strong investment opportunity with excellent rental appeal. Located off Owen Drive and near Raeford Road with abundant retail and dining options nearby. There's a total of 33 units and each unit is 2 bedroom, 1 bath with washer and dryer hook up, storage area at the rear, and central heating and cooling. The majority of units have been totally remodeled in the last two years to include HVAC, flooring, paint, countertops, cabinetry and updated bathroom fixtures. Offered at $115,000 per unit, with a December 2024 appraisal on file. Property is Broker Owned.

Listing courtesy of MICHAEL PASCHAL of FRANKLIN JOHNSON COMMERCIAL REAL ESTATE



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Data last updated at: 2026-04-21 06:24 PM UTC