Richmond Apartment Buildings for Sale

Property Photo 17 photos
17 photos

6 N 6th Street

6 N 6th Street, Richmond, VA 23219

5,427 SFPrice Upon Req.


AUCTION: 5 Downtown Richmond Condos - Income Producing or Owner-Occupy Feel the energy and excitement of urban living among other professionals! Walk to the James River, restaurants and more! Choose one or more of these 5 residential condos in the heart of downtown Richmond. Ideal for MCV/VCU resident doctors, students or professionals working downtown. This building was renovated and converted to residential condos in 2007. Leased units are managed by Shockoe Company (Interior photos are actual photos of condos in this building but are representative only and may not be of the exact units being sold). Luxury features and appointments include: - High ceilings - Large windows - Exposed brick - Hardwood flooring - Electric fireplace - Walk in closet - Granite countertops and stainless appliances - Stack washer/dryer - All wood maple cabinets - Ceramic tile and marble baths - Whirlpool tub and separate shower - City views - Secure elevator access - Security cameras - Individual locking basement storage area for your bike and other items - Walking distance to the James River and parks, restaurants, shopping, historical sights, city amenities - On the bus line

Property Photo 10 photos
10 photos

613 Brook Road

613 Brook Road, Richmond, VA 23220

17,000 SF$2,425,000


Prime apartment project located in VCU submarket. Walking distance to Monroe Park campus. 6.71% cap rate investment with 100% occupancy. Upside potential in price per bedroom under rates charged by competing apartments in area. Total renovation within the last six years with new heat pumps, electrical, plumbing, interior build-outs and new rubber roofs. Eco-friendly advantages with bamboo cabinets, pavers, Paperstone countertops, energy saver appliances, high SEER rated heat pumps, fluorescent and LED lighting. Unit mix: 16 two bedroom one baths; 2 three bedroom on and one-half bath units. Tenants pay electric. Owner pays for water/sewer/trash and FIOS internet/FIOS TV. 18 parking spaces plus ample on-street parking. Tax abatement in place. Note project can be purchased as two separate projects. EcoFlats is a stand-alone 12 unit building with its own parking same as Brook Alley Apartments with 6 units. See Kerry's other listings tab at bottom of this page.

Property Photo 5 photos
5 photos

219 E Grace Street

219 E Grace Street, Richmond, VA 23219

2,923 SF$275,000


Unique building mixed retail with residential style property for sale in Downtown Richmond! This property features a rental/commercial office along with 3 separate apartments

Property Photo 12 photos
12 photos

3118 Semmes Avenue

3118 Semmes Avenue, Richmond, VA 23225

2,829 SF$219,950


Nicely maintained duplex with additional studio apartment on first level making three apartments in total. Wonderful corner lot with huge fenced yard. Wrap around front porch and balconies. Walking distance to amenities: Shops, shopping center, Crossroads Coffee and Tea, bike shops and Forrest Hill Park with access to the James River Park System. Unit mix: 1 two bed, one bath unit at $700/mo. (note: reduced rent for near relative living in unit); 1 studio apts for $410/mo.; one three bed, one bath unit for $870/mo. Tenants pay for electric utility. Priced at just under a 7% cap investment .

Property Photo 5 photos
5 photos

4032 Macarthur Avenue

4032 Macarthur Avenue, Richmond, VA 23227

3,000 SF$665,000


Full renovation completed 2009 to include new roof, attic insulation, dual pane insulated windows, new ceramic tile bath with new tub/shower, vanity and toilet. All new kitchen with Hickory raised panel cabinets, granite counters, light fixtures, ceramic floors, stacked washer/dryer, refrigerator, gas stove, dishwasher, sink w/disposal, gas hot water heater. 13 seer heat pump. Wall to wall carpeting in living room and bedroom. Aggregate exterior walkway. All new mechanical systems including electrical, plumbing, HVAC, cable/phone and hard wired smoke detectors.

Property Photo 15 photos
15 photos

3910 Chamberlayne Avenue

3910 Chamberlayne Avenue, Richmond, VA 23227

11,512 SF$2,430,000


Welcome to the Gaslight Apartments in Beautiful Richmond, Virginia. The Gaslight Apartments are located within minutes of downtown Richmond and 3 local colleges, VCU, MCV and VUU. The Gaslight Group consists of 3 buildings, there are 18 one bedroom units in each building, making up 54 units. The buildings are either block or brick construction, 1 building has a flat roof and the other 2 have shingled roofs. The properties are heated and cooled by HVAC units, and tenants pay for electric, owner pays for water, sewer and trash. The properties are in good condition, with ample paved parking, and a small landscaping footprint. Rental rate run $550.00 and $600.00 per month. Property currently is running around 93% occupancy. The Gaslight is centrally located, close to shopping, banking, transportation and the property is on the bus line. This property can be purchase as a group, or as a portion of a larger 212 unit portfolio. Call NOW.

Property Photo 17 photos
17 photos

2503 Lynhaven Avenue

2503 Lynhaven Avenue, Richmond, VA 23234

21,544 SF$975,950


**INVESTORS WANTED** Investors, up for sale is a 26 unit Apartment complex, located just off of Jefferson Davis HWY, and close to downtown Richmond. This Apartment Complex in composed of 2 buildings, with brick and vinyl siding and pitched, shingled roofs. HVAC units in each and the tenants pay for electricity, owner pays for water, sewer and trash. There are 23 two bedroom apartments and 3 three bedroom apartments. 2013 numbers show a 9% Cap rate. Call for additional information.

Property Photo 6 photos
6 photos

509 N 35th Street

509 N 35th Street, Richmond, VA 23223

19,364 SF$1,500,000


Welcome to the Glenwood Apartments in Historic Church Hill, Virginia. The Glenwood Apartments are located just a couple blocks off of Broad Street, close to Chimborazo Park. The apartments sit on just under 1 acre of land, and there is room for additional buildings. The buildings are brick and vinyl, and the tenants pay for utilities. The mix of units is very basic, with one 1 bedroom, one 3 bedroom and twenty-one 2 bedroom units. Close to downtown Richmond, MCV College, VCU College and VUU College. If you are looking for a solid Apartment Building, with a manageable size and in a very up and coming area, then the Glenwood Apartments are something you should look in to. Average rental rate for a 2 bedroom unit is $675.00 per month, plus utilities. Laundry and shopping within walking distance, and the property is on the Bus line. Call Today.

Property Photo 17 photos
17 photos

3006 Chamberlayne Avenue

3006 Chamberlayne Avenue, Richmond, VA 23227

31,500 SF$3,870,000


Welcome to the Alexandria Apartment Group. The Alexandria consists of 4 buildings, at 3 locations, with 86 one bedroom units, and 1 studio unit, as well as an on-site laundry. The properties have a paved parking area and a small landscaping footprint. The properties are in very good condition, with low maintenance Vinyl siding and Shingled roofs, and HVAC or PTAC units in each apartment. The Alexandria Group is on the Bus Line and is located within minutes on downtown Richmond, and 3 local colleges, VCU, MCV and VUU. Major road ways, shopping, banking, food and entertainment, and a local Fire Department are all within walking distance. The Alexandria Group is currently 95% occupied, and usually stays very full, and is very easy to rent out and turn. Tenants pay for electricity and the owner pays for water, sewer and trash, insurance and taxes, and property maintenance. The Alexandria Group offers the investor a Turn Key, positive cash flow, low maintenance Apartment Complex, with a very nice CAP rate.

Property Photo 7 photos
7 photos

1903 Whitcomb Street

1903 Whitcomb Street, Richmond, VA 23223

21,344 SF$1,595,000


64 unit apartment complex located in Richmond, Virginia, 8 brick buildings with 8 units per building, All 2 bedroom, 1 bath, $495/month with potential to increase, Gas and electric separately metered; water included in rent, Located off I-64 East off Mechanicsville Turnpike. Extensive renovations over last several years. 7 of 8 roofs replaced (remaining in good condition). Nearly 100% of windows replaced. LED outdoor lighting installed. Extensive repairs to rear staircases. Enhanced electrical panels. New appliances in many units.

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Richmond Apartment Buildings for Sale

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