Feldman Ruel is pleased to offer for sale Sancar Flats, a 95% leased, 48-unit multifamily property located in downtown Harrisonburg, Virginia. The property's location has historically been the first choice for off-campus housing among students at James Madison University (JMU) for many years. The neighborhood has undergone a significant transformation including nearby retail amenities and the delivery of recently constructed mixed-use developments adjacent to the subject property. Sancar Flats offers a unique opportunity to re-tenant the building with students, renting by the bed and capitalizing on the large floor plans and on-site parking.