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1131 Commerce St
Petersburg, VA 23803 Petersburg

$5,975,000 USD

Apartments For Sale • 67,882 SF

Property Details

Property Type Apartments
Total Building Size 67,882 SF
Lot Size 2.43 AC
Building Class A
Year Built 1900
Zoning PUD & M-1

30 Transit Score

50 Walk Score

                
                    Highlights
                
                                95% average occupancy
                            
                                5.6% year-over-year rent growth
                            
                                29 months average resident tenure
                            
                                $1,102/month ($1.73 PSF) average effective rent/ $40/unit/month water & sewer recovery
                            
                                Partial RE tax assessment reduction
                            
                                Fully amenitized and management office onsite

Amenities

Air Conditioning
Cable Ready
Clubhouse
Courtyard
Fitness Center
Washer/Dryer
Gated
Grill
Ceiling Fans
Refrigerator
Oven

Public Transportation

Airport	Drive	Walk	Distance
Richmond International	39 min	-	29.4 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	77
Type:	Surface
Included in Rent:	Yes

Ryan Rilee 804-690-1482 One South Commercial

1131 Commerce St Petersburg, VA 23803 Petersburg