Remarks

A exceedingly rare opportunity to own a 29 unit all brick multifamily investment property currently near 100% occupancy. Units are a mix of (13) one-bedroom apts, (15) two-bedroom apts, and (1) one-bedroom efficiency. Rates in the area and within this complex have steadily appreciated while maintaining low vacancy rates. Desirable area near EMU, JMU and many employers. Easy access to bus routes. Off-street parking is maintained for the benefit of the tenants. Listing Agent is a part owner of the subject property and is a Licensed Real Estate Broker in the Commonwealth of VA

Details

MLS#: 662827
Price: $4,500,000

Style: 4+ Apts
Bedrooms: 4
Baths Full: 3
Sq Ft: 21044
Year Built: 1980

Subdivision: Pleasant Acres
Tax Fee: 0

School Elementary: Waterman
School Middle: Thomas Harrison
School High: Harrisonburg