114 Virginia St - Apartments FOR SALE


Richmond, VA 23219- Shockoe Slip
$9,000,000 USD
757-639-7989
114 Virginia St, Richmond, VA for Sale
$9,000,000 USD
Apartments - FOR SALE
1/9
null | 6.28% Cap Rate

114 Virginia St
Richmond, VA 23219
Shockoe Slip


OVERVIEW

Marcus & Millichap is pleased to present the offering memorandum for The Hill Building located at 114 Virginia Street Richmond, VA in the Shockoe Slip neighborhood. The property consists of forty-eight units total. There are eleven studio units, ten, one-bedroom one-bathroom units and nine, two-bedroom one-bathroom units, across one, three story building built in 1878, renovated 2015 and situated on 0.27 acres.

FOR SALE DETAILS

PRICE

$9,000,000 USD

PRICE/SF

$201 USD /SF

# OF UNITS

48

PRICE/UNIT

$187,500

CAP RATE

6.28%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Hill Building

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1878

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,761 SF

ZONING

B-5

APN/PARCEL ID

E000-0067-017

ASK ABOUT THIS PROPERTY

Altay UzunMarcus & MillichapMore Info
757-639-7989

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

Altay UzunMarcus & MillichapMore Info
757-639-7989

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