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.
The US Army Special Forces (SF), known as Green Berets because they are awarded a green beret to wear following the rigorous selection and training process, are specialized military units trained to conduct special operations. Photo provided by the G
Fuel to Serve will go “beyond the dining hall,” using food and shared meals as trusted entry points to link families with a broader network of resources. Photo courtesy of USAA.USAA and the Robert Irvine Foundation recently announced Fuel to Serve. T
Yes, those are decorations currently in my home. Yes, I may have spent more money than average for two oversized mums that are taking up way too much space on my porch, and yes, I may have stood my ground in a Lowe’s hardware store arguing with my hu
