New housing options are expected to be coming to the southeast Fayetteville area after real estate development company One Real Estate Investment purchased 46.2 acres of land located at 3680 Elk Rd.
OREI partnered with real estate company Cushman & Wakefield to complete the deal, with Executive Managing Director Alex Phillips and Associate Battle Smith representing OREI in the transaction.
The company is expected to continue to expand their property portfolio in Fayetteville with the purchase.
“It was an honor to work with the buyer One Real Estate Investment to facilitate this transaction for more than 46 acres in Fayetteville. They have exciting plans for the site that include building 360 apartment units which will be a mix of one, two, and three bedrooms,” said Phillips.
OREI is already in the process of constructing The One, a new 264-unit apartment community in Fayetteville expected to open in 2023. That project was announced and commemorated with a groundbreaking ceremony in late August of 2022. The company owns and operates a number of other properties across North Carolina and in Fayetteville including West End and The Summit on 401. They also own The Heritage at Fort Bragg, and Lakehurst apartments located in Spring Lake.
Graphic courtesy of CommWell HealthCommWell Health, a large private nonprofit Community Health Center, was recently awarded a competitive grant through the Health Resources and Services Administration (HRSA) to expand essential healthcare access in C
Spc. Alexander Soto, a paratrooper assigned to the 1st Battalion, 504th Parachute Infantry Regiment, presents the modular drone case at the Airborne Innovation Lab, Fort Bragg, North Carolina, Feb. 9, 2026. Soto noted the recurring problem of drones
Graphic provided by Sampson County Friends of AgricultureThe Sampson County Friends of Agriculture would like to invite the greater Fayetteville community to their annual Agriculture Rally on March 17, 2026, at 6:30 p.m. Originally organized by
