S.L. Nusbaum Realty Co. is pleased to present a multifamily/mixed-use development opportunity near Virginia
Union University in the city of Richmond. This is a proposed development site for 200 multifamily units comprising an assemblage of six individual properties totaling ±1.685 acres on North Lombardy Street, just west of the intersection of VA 301/Chamberlayne Avenue, and within walking distance to Virginia Union University, The Diamond District, Hardywood Brewery and Whole Foods. Located within the rapidly emerging Virginia Union neighborhood, the property is surrounded by existing retail and restaurants and is entrenched in a market featuring growing rents and low vacancy rates. This property is an excellent candidate for infill redevelopment in a highly sought-after real estate investment market.