Virginia Multi-Family For Sale

This is a great investment property. This building has 3 levels of living space. Owner renovated approximately 2008. Recently painted roof and repaired siding. Complex has built in coin - laundry service. The income from laundry covers common area electric. 10 of the 12 units are currently rented. The vacant two are being prepared for prospective tenants - paint, flooring, and cleaning.Well and Septic System.

Located in the VUU/Chamberlayne neighborhood possessing a vibrant mix of uses, including both significant residential and employment areas. Adjacent to the historic VUU is an industrial center, historic neighborhoods, a commercial district along Chamberlayne Avenue, and Children’s Hospital of Richmond at VCU. However, underutilized lots and uses provide room for growth and new investment. A market assessment was prepared of residential, retail, office, industrial, and hospitality uses within the designated boundaries of the VUU/Chamberlayne study area. The sphere of influence of these market segments includes Broad Street/VCU, Battery Park, Barton Heights, Downtown Richmond and other nearby neighborhoods. The district already has multiple uses including education, institution/health care, residential, industrial, office, and retail. The following is a summary of market opportunities for this district: Residential o Population is 2,550 people o Residential mix is 32% owner occupied, 55% rental and 13% vacant o Average income is just under $35,000 o Retail spending is lower because of the number of students o Housing is older (50% built before 1939) o There is demand for a variety of new housing Office o There are 224 businesses in the district o 1,400 employees o 136,325 sf of office space in 27 structures o There is limited office demand in the district Retail o The district has 383,550 sf in 50 businesses o There is a mix of retail/wholesale operations o Retail includes services, contractors, and auto-related services o Retail is scattered along the major corridors, not clustered o Retail should be rearranged to better serve the community o There is limited demand for new retail Industrial o The district has 858,000 sf of industrial uses in 78 buildings o There is a 12.3% vacancy rate o This district can command higher rent rates based on its location close to Downtown Hotel o There are 3,350 rooms in 13 properties within a 2-mile radius of study area o The average occupancy was 60% in 2013 o Based on this occupancy, there is no demand for more hotel rooms in the district 19 Townhome Apartments for Sale in the Virginia Union Submarket of the City of Richmond

West side of Williamson Rd near the Intersection of Hershberger. Rd. This is one of three adjacent properties offered for sale at a total price of $390,000. The other two properties are 4818 Williamson, a 4600 SF restaurant and 4620 Williamson, a 2600 SF beauty salon. THESE ARE ALL LEASED. PLEASE DO NOT CONTACT ANY OF THE TENANTS. This property is being sold “as is”.

Property is located in the Carver District on the corner of W. Leigh Street and Norton Street in the City of Richmond, VA. Property is in close proximity to Virginia Commonwealth University's expansion, the Biotech Park, the Fan District, the Museum District, the downtown central business district, the Richmond Coliseum and is easily accessible to all the culture that the city has to offer with I-64 and I-95 nearby. 2 Story Multi-Family Apartment & Retail Building has total of 5,840 SF and consists of one 3 bedroom/1 bath, two 2 bedroom/1 bath renovated apartments and a 1,500 square foot ground floor retail space. Current retail configuration is for restaurant use (former site of the Magpie).

Lots of improvements such as Roof replacement (2015), Electrical service upgrade (2013), rear porch replacement (2010), appliances replacement (2013~2016), and commercial washer and dryer in laundry room (2014).

This property is located approximately 45 ± miles to Farmville, VA, 60 ± miles to Emporia, VA, 77 ± miles to Durham, NC, 90 ± miles to Richmond, VA, and 108 ± miles to Roanoke, VA. Financials Available Upon Request SVN/Motleys is pleased to present, as exclusive agent to the seller, the 84 unit mobile home park located at 116 Blankenship Rd., Chase City, VA 23924. This offering represents a significant value-add opportunity in one of the hottest product types in the market. Water is supplied via six wells on the property (14± units per well) and the property is connected to the Chase City sewer system. The property totals 19.64 AC and is zoned AG by Mecklenburg County, VA.

Located in the heart of Downtown Fredericksburg within walking distance of VRE 4-unit multi-family property in Downtown Fredericksburg for Sale.

Historic property just 1/2 mile from the corner of 12th and Main Streets and the Lynchburg Farmers Market in the heart of Historic Downtown Lynchburg Virginia on a bus route Designated Historic property. the original part was Lynchburg's first hospital and built in 1860 in 1921 the Masons added a 4 story Neoclassical addition with Brick and Marble. Later the building was used as a nursing home until early 2007. The current owner has rented 32 rooms to low income people. He recently got approval to renovate the building into 40 apartments. The building could also be used as a dormitory or an assisted living facility.

commericial

Located within walking distance of downtown Bedford & centrally located between Roanoke & Lynchburg. Liberty Manor Apartments are located in Bedford, VA, within walking distance of downtown and centrally located between Roanoke & Lynchburg. With a blend of quality, design, and comfort, this 24-unit complex offers 2-bedroom, one bath apartments all with dishwashers. Most units enjoy patios with breathtaking views of the Peaks of Otter. Historically, this property has been a HUD Section-8 housing option for residents in the Bedford community. Still, the agreement with the current owner will expire 01-31-21, allowing for conversion to a standard rental option. Financials available for serious inquires only.