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64 - 200 Birchwood Lane - Birchwood Apartments, Cloverdale, VA

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64 - 200 Birchwood Lane - Birchwood Apartments

Cloverdale, VA 24077 - Botetourt County Submarket


Property Type:Multi-Family Number of Units:61 Status:Existing Year Built:1972
Stories:2 Building Size:45,100 SF Land Area:10 AC (435,600 SF)
For Sale Price:$3,650,000 Price/Unit:$59,836.07 Cap Rate:- GRM:-

Parking:-



Sale Notes:
Birchwood Apartments is a well-maintained, conveniently located apartment complex in the Cloverdale area of Botetourt County. The complex has 61 units (26 one bedroom units, 25 two bedroom units, 2 three bedroom units, 2 efficiency units, and 6 townhomes) in 13 buildings, and is currently 97% leased. An office, laundry facility, maintenace workshop, and rentable storage units are present on site, and each unit is individually metered for electricty. All units have had their windows replaced within the past four years. The complex is just minutes from US 11 and Interstate 81.

Birchwood Apartments is conveniently located off Read Mountain Rd. (State Route 54), just minutes from US-11 and I-81.

Hall Associates, Inc.
John R Dickinson
(540) 353-7304

Stuart L Meredith
(540) 982-0011 x124




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