5405 Ashlar Ave - Apartments FOR SALE


Crozet, VA 22932
$5,250,000 USD
434-443-7030
5405 Ashlar Ave, Crozet, VA for Sale
$5,250,000 USD
Apartments - FOR SALE
1/16
null | 6.21% Cap Rate

5405 Ashlar Ave
Crozet, VA 22932


HIGHLIGHTS

  • Old Trail Heights at 5405 Ashlar Ave. is located in a desirable Western Albemarle location.
  • Floors two through four host modern and sleek apartments.
  • Professional service tenants are located on the first floor.
  • This property is well maintained with an excellent rent roll.

OVERVIEW

Old Trail Heights is a newly constructed, mixed-use property completed in 2019. This sleek building is located in Crozet, VA, just minutes from Charlottesville; home of the University of Virginia. Consisting of 12 residential, 2 commercial and one live / work space, Old Trail Heights is conveniently located near the center of Old Trail Village and offers an array of community dining and retail options, an 18-hole golf club, swim club, and ACAC fitness center. It is also located in the Western Albemarle County school system and is walkable to all 3 grade level schools.

FOR SALE DETAILS

PRICE

$5,250,000 USD

PRICE/SF

$202 USD /SF

# OF UNITS

15

PRICE/UNIT

$350,000

CAP RATE

6.21%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Old Trail Heights

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2019

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

-

APN/PARCEL ID

055E0-01-00-000A1

ASK ABOUT THIS PROPERTY

Reid MurphyBuilding Management CoMore Info
434-443-7030

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Reid MurphyBuilding Management CoMore Info
434-443-7030

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