Home Hunter
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Listing Presented by Wainwright & Co. - REALTORS
(540) 387-5800
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 Listing Presented By:Wainwright & Co. - REALTORS
Office Phone:(540) 387-5800
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MLS#: 920685
$3,850,000
100 Ridgeview LN
Bassett
VA
24055
Active
Description:
66-unit multifamily with low maintenance brick exterior in Henry County. Additional income includes coin operated laundry equipment and internet subscription profit sharing with Comcast. All units sub metered for electricity. The current owners completed significant capital improvements to the property over the past 18 months including renovations on 75% of the units in order to increase the average rent from $430/unit to $677/unit. Additional due diligence materials available upon request. Seller financing options available.
Directions:
U.S. 220 S to VA 57 W, R on Oak Level Rd, L on Ridgeview Ln
Property Type: MULTIFAMILY Property Sub-Type: Apartments Area: 1400 - Henry County Square Feet: 49800 Year Built: 1978
Age:
47 Basement: Partial Basement Elem. School: Other - See Remarks Middle School: Other - See Remarks High School: Other - See Remarks County: Henry County Subdivision: LYRL03OC9PZ Acres:
8.7100
Taxes: $3,919.41 Total Units: 66 Lessor Pays: Other - See Remarks Cooling: Heat Pump Electric Heat: Heat Pump Electric Lot Num: N/A Sewer: Public Sewer Water: Public Water Zoning: SR
Financing:
Gross Income: $573,208.00 Taxes: $3,919.41 Net Op Income: $345,755.00
FEATURES:
Basement
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