GoodHomes

Bordeaux

Property Overview

Location: 1707 Owen Drive, Fayetteville, NC

Units: 255

Acquired: June 2023

Completed: August 2024

GoodHomes Bordeaux

GoodHomes Bordeaux is a 255-unit apartment community in Fayetteville, NC. Originally a 298-room Ramada Plaza & Baymont Inn & Suites, consists of 2 residential buildings connected through a 60,000 square foot former convention center. Due to density restrictions, some units were combined, creating a mix of 210 large studios and 45 one bedroom units with spacious balconies. The main building features a clubhouse & game room, co-working space, fitness & wellness center, tenant storage room, package lockers, and plenty of room for additional tenant amenities.

The property also features an outdoor pool, and BBQ picnic area, as well as expansive meeting spaces that will be converted into additional amenities. There is also an onsite restaurant, Uptowns Chicken N’ Waffles, as well as the Cape Fear Regional Theater.

Market Highlights:

  • Located 15 minutes from Fort Bragg (Fort Liberty), the largest military base in the world with over 50,000 active-duty soldiers, 70,000 active-duty family members, and 15,000 civilian employees. 29,000 active soldiers live on base. 

  • Located directly across the street (walking distance) from Cape Fear Medical Center, with 7,000 employees and 850 Doctors. The center also has a three year residency program with 300 residents in training.

  • Located 5 miles from Amazon’s new distribution center in Military Business Park.

 
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