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266 Ford Ave

STANARDSVILLE, VA 22973
  • $2,495,000
  • STATUS: Pending
  • ON SITE: 11 Days
  • MLS #: 630102
Pending
UPDATED: 31 min ago
$2,495,000
  • 0
    BEDS
  • 8.5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 22,354
    SQFT
  • $112
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1988
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Great multifamily investment with a 6% cap rate and SOLID cash flow. The 24 units apartments consist of 6 three bedroom apartments, 14 two bedroom apartments, and 4 one bedroom apartments. The buildings were constructed in 1988 and have been tremendously renovated for the last 7 years. The improvements include the new roof, HVACs, plumbing, windows, flooring, kitchens, lighting, vanities, appliances including washer/dryer, and asphalt parking lot, etc. Two buildings are constructed with brick and vinyl exterior walls, a composition shingle and metal roof, and concrete slab on 2.6 acres. Adjacent 5.9 acres (R-2) is also included in sale. Stanardsville is a town in Greene County, VA and a part of the Charlottesville MSA. Currently near 100% occupancy.

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Listing information © 2022 Charlottesville Area Association of Realtors Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS or Kline & Co Real Estate. Data last updated 2022-05-21T11:13:46.607.
www.klineandcorealestate.com/homes/128520534
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266 Ford Ave STANARDSVILLE, VA 22973

  • Price: $2,495,000
  • Status: Pending
  • On Site: 11 Days
  • Updated: 31 min ago
  • MLS #: 630102
0
Beds
0
Baths
0
½ Baths
8.5
Acres
22,354
SQFT
$112
$/SQFT
1988
Built
Neighborhood:
None
Area:
Greene
Elementary School:
Nathanael Greene
Middle School:
William Monroe
High School:
William Monroe
Property Description
Great multifamily investment with a 6% cap rate and SOLID cash flow. The 24 units apartments consist of 6 three bedroom apartments, 14 two bedroom apartments, and 4 one bedroom apartments. The buildings were constructed in 1988 and have been tremendously renovated for the last 7 years. The improvements include the new roof, HVACs, plumbing, windows, flooring, kitchens, lighting, vanities, appliances including washer/dryer, and asphalt parking lot, etc. Two buildings are constructed with brick and vinyl exterior walls, a composition shingle and metal roof, and concrete slab on 2.6 acres. Adjacent 5.9 acres (R-2) is also included in sale. Stanardsville is a town in Greene County, VA and a part of the Charlottesville MSA. Currently near 100% occupancy.
Exterior Features

Access Private RoadPublic Road Foundation Concrete Slab Roof Composition ShingleMetal - Other

Interior Features

Air Conditioning Central AcHeat Pump Heating ElectricHeat Pump Unit One Baths 1 Unit One Beds 1 Unit One Sq Ft 613 Unit One Type 1 Bed Apt Unit One Units 4 Unit Three Baths 1 Unit Three Beds 3 Unit Three Sq Ft 1182 Unit Three Type 3 Bed Apt Unit Three Units 6 Unit Two Baths 1 Unit Two Beds 2 Unit Two Sq Ft 915 Unit Two Type 2 Bed Apt Unit Two Units 14

Property Features

Assn Setup Transfer Fees 0 Green Features No Gross Rent 212500 Hoa YN No Lender Owned No New Construction No Other Income Mo 0 Property Type 4+ Apts Road Maint 0 Sewer Septic Public Sewer Source Of Sq Ft Other Tax Year 2021 Taxes 12510 Water Public Water Zoning R-3 Residential

Listing provided courtesy of Cottonwood Commercial Llc.


Listing information © 2022 Charlottesville Area Association of Realtors Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS or Kline & Co Real Estate. Data last updated 2022-05-21T11:13:46.607.
 
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Kline & Co Real Estate
2503 Jefferson Highway
Waynesboro VA, 22980