2595 Waterlick Rd - Apartments FOR SALE


Lynchburg, VA 24502
$60,000,000 USD
434-237-3777
2595 Waterlick Rd, Lynchburg, VA for Sale
$60,000,000 USD
Apartments - FOR SALE
1/10
null | 6% Cap Rate

2595 Waterlick Rd
Lynchburg, VA 24502


OVERVIEW

The Epiphany @ Blue Ridge Commons is an exclusive enclave of 240 meticulously designed luxury apartment units that will blend sophistication with comfort. Construction and lease-up soon to begin. This community is strategically priced with a conservative 6% CAP Rate that comes in 5M under market value, positioning experienced investors with a huge upside and built in equity. Conveniently located near major highways and public transportation this community will also feature resort-style amenities with a luxury clubhouse, pool, and fitness center.

FOR SALE DETAILS

PRICE

$60,000,000 USD

PRICE/SF

$2,400 USD /SF

# OF UNITS

240

PRICE/UNIT

$250,000

CAP RATE

6%

% LEASED

-

STATUS

Proposed

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Epiphany at Blue Ridge Commons

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2026

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5 AC

LAND SF

217,800 SF

ZONING

-

APN/PARCEL ID

02100A0000610

ASK ABOUT THIS PROPERTY

Scottie BookerDivine Fog Realty Co LLCMore Info
434-237-3777

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Scottie BookerDivine Fog Realty Co LLCMore Info
434-237-3777

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