3810 Chamberlayne Ave - Apartments FOR SALE


Richmond, VA 23227- Ginter Park
$2,400,000 USD
804-266-8831
3810 Chamberlayne Ave, Richmond, VA for Sale
$2,400,000 USD
Apartments - FOR SALE
1/25
null | Request Cap Rate

3810 Chamberlayne Ave
Richmond, VA 23227
Ginter Park


HIGHLIGHTS

  • 18 2BD/1 BA units total
  • Spacious units
  • Ample parking
  • On-site laundry
  • Fully leased

OVERVIEW

One South Commercial is pleased to present the exclusive listing for 3810 Chamberlayne Avenue. Fully leased, this brick building is a rare find on Chamberlayne Ave, featuring a total of 18 two bedroom/one bathroom apartments as well as ample parking and laundry onsite. These spacious units consist of upgraded finishes throughout. The strong historical occupancy proves that there is realistic opportunity for obtainable upside on the rents. Located in Richmond’s growing Northside community, the Chamberlayne corridor has become a mainstay for workforce housing residents.

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$77 USD /SF

# OF UNITS

18

PRICE/UNIT

$133,333

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ginter Park Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1966

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.54 AC

LAND SF

23,318 SF

ZONING

R-48

APN/PARCEL ID

N000-1899-007

ASK ABOUT THIS PROPERTY

Isaac WeintzOne South CommercialMore Info
804-266-8831

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Isaac WeintzOne South CommercialMore Info
804-266-8831

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.