406 N Loudoun St - Apartments FOR SALE


Winchester, VA 22601- Downtown Winchester
$1,800,000 USD
540-974-3927
406 N Loudoun St, Winchester, VA for Sale
$1,800,000 USD
Apartments - FOR SALE
1/78
null | 7.22% Cap Rate

406 N Loudoun St
Winchester, VA 22601
Downtown Winchester


HIGHLIGHTS

  • 14 UNITS, GOOD CONDITION, 1 BLOCK FROM WALKING MALL, OLD TOWN WINCHESTER
  • SEPARATE ELECTRIC WITH GAS, WATER/SEWER REIMBURSEMENT
  • BELOW MARKET RENTS, CURRENTLY NOI OF $130K NOI

OVERVIEW

14 UNIT APARTMENT BUILDING, OLD TOWN WINCHESTER! PRIVATE PARKING FOR 15 VEHICLES! Very rarely does this come around, actual multifamily density within ONE BLOCK of the Walking Mall! All units in good condition. All SEPARATELY METERED ELECTRIC, Tenants reimburse Landlord on gas, water/sewer. History of stable, long term tenants. NOI $130K+. Asking $1.8M. Pictures are all current, P&L and rent roll will be provided before showings are scheduled. Qualified buyers only.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$201 USD /SF

# OF UNITS

14

PRICE/UNIT

$128,571

CAP RATE

7.22%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sky White Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,698 SF

ZONING

HR

APN/PARCEL ID

173-01-L-3

ASK ABOUT THIS PROPERTY

Gillian GreenfieldGreenfield CommercialMore Info
540-974-3927

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Gillian GreenfieldGreenfield CommercialMore Info
540-974-3927

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