115,104 SFPrice Upon Req.
116-Unit Multifamily Community For Sale
Portfolio of 4 historic low rise Richmond, VA multifamily buildings above popular restaurants in a strategic corner and in great condition, offered for purchase as a package for investment and/or redevelopment. The total portfolio consists of 3 buildings with 8 apartments and 3 restaurants plus 1 single story retail building. 1731 E. Main has 3 apartments and a famous pizza restaurant; 1729/1727 has 4 apartments also with a restaurant: 1725 has 1 apartment above a sushi restaurant and the single story retail building is 4/8 South 18th Street. A solid ROI is offered to purchasers who wish to take advantage of the current high cash flow due to the high residential rental demand with hardly any vacancies. Redevelopment will no doubt enhance the financials.
Extremely strong rental history in the VCU submarket 100% occupied cash machine with leases thru spring/summer 2015 Walking distance to VCU's Monroe Park Campus Total renovation in 2008 Environmentally friendly features make this an attractive options for students Owner pays for water/sewer/trash/internet/cable 18 off street parking spaces plus ample on-street parking with no restrictions Tax abatement in place until 2018 New rent roll beginning on 8/1/14 shows a 2.8% increase in gross rents over 2013 financials with no expected change in expenses Property is for sale by owner
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
All brick construction two story apartment building. 2-2bdrms, 2-1bdrms and 2-Efficiancies. Very well maintained. Central coin laundry and mailbox area. Building has fire suppression system installed.
200 East Main is a three story 4 unit property. 100% LEASED! A restaurant is on the Main Street retail 1st floor with basement storage, two large one bedroom apartments are on the 2nd and 3rd floors and a separate two story studio apartment/retail is located at the rear labeled as 1 N. 2nd Street. this 1910 building is all brick with replacement windows and is in reasonably good condition. Building is directly beside the Suntrust Bank
100% Occupied- Own a whole block of Carver, Six contiguous townhomes with private garages, front and back porches, and with beautiful landscaping. This Richmond neighborhood treasure is meticulously cared for, low maintenance, and very desireable to tenants. They walk and ride their bikes to campus and enjoy easy access to the grocery store and interstate. Growth associated with the new VUU and Chamberlayne Corridor Project will also make this property even more centrally-located.
Four fully renovated and leased brownstone lofts and 2,500 sf restaurant space. Annual Gross Income $86,760 w/ 14-yr tax abatement, located walking distance to VCU Institute for Contemporary Art Building - see RTD article: http://reporting.loopnet.com/report/c153abc1-1179-48a4-9bb0-7192c77c34bc and close to MCV, Richmond central business district, theater district, restaurants, river, bottom and more. All utitlities separate, hard wired fire alarm system & sprinklers, new roof, exposed brick, hardwood floors, lots of sunlight, granite counter tops, stainless appliances, microwave, refrigerator & stove,stacked washer & dryers, tile bathrooms & kitchens, plenty of off street parking and Henry St. Parking decks for off-campus students and valet/events directly across.
Brand new construction; 3 bed 2.5 baths, large living room / kitchen side decks, front porch, great finishes 1524 sf per unit; each unit rents for $1900. Oak wood floors throughout, washer/dryer on 1st floor. Open floor plan, kitchen with granite and stainless steel appliances. 1 parking spaces per unit.
This fully leased, eight unit, two bed, one bath apartment building is a great income producer. The building is ready for a full condo conversion with approved documentation already in place. The building was fully renovated in 2009 including heat pumps. The roof was replaced in 2008. Located just three blocks from Chimborazo Park and adjacent to the new Anthony's Italian restaurant makes this for an exceptional investment.