130-140 W Calhoun St - Apartments FOR SALE


Salem, VA 24153
$1,950,000 USD
540-353-7073
130-140 W Calhoun St, Salem, VA for Sale
$1,950,000 USD
Apartments - FOR SALE
1/41
null | Request Cap Rate

130-140 W Calhoun St
Salem, VA 24153


HIGHLIGHTS

  • Low HOA cost
  • Maintenance free exterior
  • 4 Bedrooms each with en suite full bathroom
  • Close to all Medical facilities and nearby colleges
  • Easy access to interstate, restaurants & shopping

OVERVIEW

Great investments opportunity. 5 units (130, 132, 134, 138,140), one leased $2695/mth. Call to schedule showings. HOA covers outside grounds. Each unit pays $500/year in its present HOA set up. There are 6 units and one has sold leaving 5 units, all utilities are metered separately. Tax IDs:122-9-1.1;122-9-1.2;122-9-1.3;122-9-1.5;122-9-1.6;122-9-1

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$187 USD /SF

# OF UNITS

5

PRICE/UNIT

$390,000

CAP RATE

Request Cap Rate

% LEASED

20%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Calhoun Townhomes

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2023

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.86 AC

LAND SF

37,470 SF

ZONING

RMF

APN/PARCEL ID

122-9-1.1,122-9-1.2,122-9-1.3,122-9-1.4,122-9-1.5,122-9-1.6

ASK ABOUT THIS PROPERTY

Tim ThompsonMKB, REALTORSMore Info
540-353-7073

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Tim ThompsonMKB, REALTORSMore Info
540-353-7073

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