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1401 Coalter St
Richmond, VA 23223 Mosby

$2,400,000 USD

Apartments For Sale  •  15,000 SF

Property Details

  • Property Type Apartments
  • Total Building Size 15,000 SF
  • Lot Size 0.59 AC
  • Building Class C
  • Year Built 1967
  • Cap Rate 10.76 %
  • Zoning R-53
47 Transit Score
60 Walk Score

Highlights

Value Add Opportunity
Close to Downtown Richmond, VCU, MCV and VSU.
On Bus Line.

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $258,172 USD (2026)
Cap Rate: 10.76 %
Total Expenses: $41,828 USD

Amenities

  • Air Conditioning
  • Picnic Area
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Family Room
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
Richmond Main Street Amtrak Station (Northeast Regional - Amtrak) 3 min - 1.3 mi
Richmond Staples Mill Road Amtrak Station (Carolinian - Amtrak, Northeast Regional - Amtrak, Palmetto - Amtrak, Silver Meteor - Amtrak) 14 min - 8.0 mi
AirportDriveWalkDistance
Richmond International 14 min - 7.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
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