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Specialty For Sale • 34,243 SF
| 100% occupied BTR community, with a $356,856 NOI at a 6.75% cap rate, and rents have not been raised since Sept 2023, leaving ample rental upside. |
| Turnkey investment with professional management in place and minimal capital expenditures, as the properties were constructed from 2021 to 2025. |
| Comprises 11 individually deeded single-family homes with attached Accessory Dwelling Units (ADU), providing 22 distinct total income-producing units. |
| Strong real estate fundamentals, as residential rents in James City County boast a 5-year average annual growth rate of 5.9% as of Q1 2026 (CoStar). |
| Tap into key tenant pools as households within a 3-mile radius report an average annual income of $125,015 and about 30% are renter-occupied (CoStar). |
| Price recently reduced. Enquire now for rent roll and other due diligence materials. |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 15 min | - | 7.0 mi | |
| Airport | Drive | Walk | Distance |
| Newport News/Williamsburg International | 23 min | - | 11.7 mi |
| Norfolk International | 54 min | - | 38.1 mi |
Shelia Byers
Sky Blue Realty LLC
Shelia Byers
Sky Blue Realty LLC
