46 Main St - Apartments FOR SALE


Stanardsville, VA 22973
$599,000 USD
434-284-4007
46 Main St, Stanardsville, VA for Sale
$599,000 USD
Apartments - FOR SALE
1/8
null | 7.8% Cap Rate

46 Main St
Stanardsville, VA 22973


HIGHLIGHTS

  • 9 rental units (8 apartments, one office) spread over 4 contiguous buildings on one parcel of land
  • Four 2 Br/1 Ba units, three 1 Br/1Ba units, and one efficiency unit. First floor office/retail space fronts Main St.
  • On-site parking available
  • Many long-time tenants in place

OVERVIEW

Unique 4 building Multi-Family property located in the 230 acre town of Stanardsville. 46-54 Main St consists of 9 rental units (8 apartments, one office) spread over 4 contiguous buildings on one parcel of land. Located next to Greene Commons, the home of the Stanardsville Farmers Market and Pavilion/Stage, and William Monroe High School, these buildings are nestled in an area with historic charm, wonderful views and setting, and conveniently located to nearby amenities. Stanardsville was established in 1794, and is apart of Greene County, which is known as the ‘Gateway to the Blue Ridge’. The town of Stanardsville was designated a Historic District in 2004, and is listed on both the federal and state registries of historic places. - 9 rental units (8 apartments, one office) spread over 4 contiguous buildings on one parcel of land - Four 2 Br/1 Ba units, three 1 Br/1Ba units, and one efficiency unit. First floor office/retail space fronts Main St. - Tenants responsible for cooling units (no central air conditioning) - On-site parking available - Many long-time tenants in place - Rent roll, leases and additional information available upon request - Showings available during week with 48 hours notice - For Sale: $599,000

FOR SALE DETAILS

PRICE

$599,000 USD

PRICE/SF

$96 USD /SF

# OF UNITS

9

PRICE/UNIT

$66,556

CAP RATE

7.8%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Multi-Family For Sale | 46 - 54 Main Street

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

TRC

APN/PARCEL ID

37A61

ASK ABOUT THIS PROPERTY

Leigh HughesColliers | VirginiaMore Info
434-284-4007

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Leigh HughesColliers | VirginiaMore Info
434-284-4007

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