2754 Maple Ave - Apartments FOR SALE


Buena Vista, VA 24416
$2,850,000 USD
540-820-7008
2754 Maple Ave, Buena Vista, VA for Sale
$2,850,000 USD
Apartments - FOR SALE
1/34
null | Request Cap Rate

2754 Maple Ave
Buena Vista, VA 24416


HIGHLIGHTS

  • Constructed in 2007 and have been well maintained.
  • improvements Include updated HVACs, water heaters, appliances, an asphalt paved private/assigned parking lot, concrete sidewalks, security lighting, a
  • Each unit is fully furnished with washer/dryer and furniture such as beds, dressers, couch, chair/ottoman, end tables, dining table/4 chairs, desk, et
  • Five buildings are constructed with Hardie Plank cement board siding, a composition shingle roof, steel framing, and concrete slab on approximately 1.

OVERVIEW

Located at 2754 Maple Avenue, Buena Vista, VA 24416, the River Crossing Apartments are fully furnished student housing next to Southern Virginia University (SVU). The properties are considered “on campus” housing approved by SVU. Twenty 2 story townhouses with 2 bedrooms, 1.5 bath and approximately 1,000 sf. Each unit is fully furnished with washer/dryer and furniture such as beds, dressers, couch, chair/ottoman, end tables, dining table/4 chairs, desk, etc. Five buildings are constructed with Hardie Plank cement board siding, a composition shingle roof, steel framing, and concrete slab on approximately 1.67 acres. The buildings were constructed in 2007 and have been well maintained by the same owner. Other improvements include updated HVACs, water heaters, appliances, an asphalt paved private/assigned parking lot, concrete sidewalks and security lighting. Conversion of bedding from traditional box spring/mattress to platform/memory foam. Approximately 1-acre adjacent lot would be available for sale at $150K with the apartments sale.

FOR SALE DETAILS

PRICE

$2,850,000 USD

PRICE/SF

$120 USD /SF

# OF UNITS

20

PRICE/UNIT

$142,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

RIVER CROSSING APARTMENTS-20 UNIT TOWNHOMES

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2007

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.67 AC

LAND SF

72,745 SF

ZONING

R3

APN/PARCEL ID

191415

ASK ABOUT THIS PROPERTY

Keith MayCottonwood CommercialMore Info
540-820-7008

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Keith MayCottonwood CommercialMore Info
540-820-7008

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