804-517-8978
12400 Dutton Rd, Midlothian, VA for Sale
Apartments - FOR SALE
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12400 Dutton Rd
Midlothian, VA 23113


HIGHLIGHTS

  • Trophy Class A+ Construction
  • Proven Leasing Momentum
  • Richmond's Top Submarket
  • Exceptional Rent Growth Outlook
  • Top-Rated School District
  • Affluent Demographic Base

OVERVIEW

Bainbridge Midlothian offers the unique opportunity to acquire a newly delivered, institutional-quality multifamily community in one of Chesterfield County’s most desirable corridors. Completed in 2024 and currently 97% occupied, the property presents a blend of high-end construction quality, strong in-place occupancy, and meaningful upside potential through rent growth in an affluent and supply-constrained market. This 310-unit Class A asset delivers expansive amenities and contemporary finishes designed to meet the modern renter’s lifestyle demands. Strategically located across the Midlothian Turnpike from the Wegmans-anchored Stonehenge Village and near premier retail destinations such as Westchester Commons and Chesterfield Towne Center, the property benefits from outstanding visibility and proximity to best-in-market amenities. Surrounding demographics include a well-educated, high-income population base, underpinning durable long-term demand and stability. Residents enjoy access to luxury features including a resort-style saltwater pool, pickle-ball court, fitness center, game lounge, resident trails, and controlled-access indoor spaces with high-end finishes and smart-home technology. The asset’s location within a top-rated school district and direct accessibility to major employment centers across the Richmond metro area makes it a high-performing investment opportunity.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

310

CAP RATE

Request Cap Rate

% LEASED

97%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bainbridge Midlothian

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2024

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.45 AC

LAND SF

193,842 SF

ZONING

RMF - RES,

APN/PARCEL ID

736-71-00-62-500-000

ASK ABOUT THIS PROPERTY

Garrison GoreNewmarkMore Info
804-517-8978

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Garrison GoreNewmarkMore Info
804-517-8978

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