130 Falcon Rd - Apartments FOR SALE


Martinsville, VA 24112
$825,000 USD
804-852-9423
130 Falcon Rd, Martinsville, VA for Sale
$825,000 USD
Apartments - FOR SALE
1/7
null | Request Cap Rate

130 Falcon Rd
Martinsville, VA 24112


HIGHLIGHTS

  • Onsite Laundry Facility
  • Attractive exterior with a spacious setting and paved/graded access areas
  • Updated residential interiors featuring modern finishes
  • Renovated kitchens with newer cabinetry, stainless steel appliances, and wood-style countertops
  • Updated flooring throughout portions of the property
  • Spacious bedrooms with modern finishes

OVERVIEW

Property offers potential for rental income and long-term investment appreciation Opportunity for investors seeking to add or expand their multifamily portfolio Potential owner-operator opportunity, depending on unit configuration and financing Convenient access to Martinsville amenities, employment centers, shopping, and major transportation routes INVESTMENT OPPORTUNITY IN MARTINSVILLE, VA! Welcome to 130 Falcon Rd, a multifamily property offering investors an opportunity to acquire an income-producing asset with updated interiors and attractive modern finishes. The property features renovated kitchens, updated flooring, spacious living areas, and a unique layout designed to support multifamily living. With its Martinsville location and potential for consistent rental income, this property presents an excellent opportunity for an investor looking to grow their portfolio or an owner-operator seeking to combine real estate ownership with income potential. Additional financial information, unit configuration, rental details, and property information available upon request.

FOR SALE DETAILS

PRICE

$825,000 USD

PRICE/SF

$107 USD /SF

# OF UNITS

9

PRICE/UNIT

$91,667

CAP RATE

Request Cap Rate

% LEASED

55%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Falcon

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1980

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

SR

APN/PARCEL ID

001300036

ASK ABOUT THIS PROPERTY

Eddie JacksonBlue Whale CommercialMore Info
804-852-9423

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Eddie JacksonBlue Whale CommercialMore Info
804-852-9423

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