Apartment Buildings /VA /Petersburg County /Petersburg /1121 Stainback St
Apartment Buildings /VA /Petersburg County /Petersburg /1121 Stainback St

1121 Stainback St - Apartments FOR SALE


Petersburg, VA 23803 | 
804-266-8831
1121 Stainback St, Petersburg, VA for Sale
Apartments - FOR SALE
1/40
null | Request Cap Rate
VIEW MAP
GET DIRECTIONS

1121 Stainback St
Petersburg, VA 23803

VIEW MAP
GET DIRECTIONS

HIGHLIGHTS

  • Redeveloped in 2021
  • Push rents without capital investment
  • Real estate tax abatement conveys
  • Contact agents for pricing

OVERVIEW

-34 2BD/1 BA units at 800 SF each -94% occupied -$1,002 average in-place rent -T12 NOI of $250,189 -Landlord pays: water/sewer and trash -Resident pays: electricity and renters insurance -50 parking spaces -New roof, windows, systems, fixtures and finishes in 2021 -In-unit washer/dryer

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

34

CAP RATE

Request Cap Rate

% LEASED

94%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1966

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1.33 AC

LAND SF

57,935 SF

ZONING

R-3

APN/PARCEL ID

029-14-0018

ASK ABOUT THIS PROPERTY

Ryan RileeOne South CommercialMore Info
804-266-8831

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Ryan RileeOne South CommercialMore Info
804-266-8831

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

800-613-1303800-613-1303SitemapSitemapAdd a ListingTerms of UseCRE InformationPrivacy Policy
Copyright © 1997-2025 CoStar Realty Information, Inc.