Walker & Dunlop's Mid-Atlantic Investment Sales team (WDIS) is pleased to announce the exclusive listing of 600 West Main, a 55-unit luxury mixed-use apartment community in the heart of downtown Charlottesville, Virginia
This offering represents a generational opportunity to acquire a fully stabilized, 2020 vintage, Core+ opportunity experiencing exceptional organic rent growth with additional value enhancement opportunities. The property benefits from high barriers to entry and limited future supply, ensuring favorable property-level and submarket fundamentals that drive long-term stability and value appreciation.
600 W Main features superior, condo level finishes, state-of-the-art amenities, unmatched connectivity and ~6,000 SF of diversified retail that check all the boxes for today’s modern renter.
Nestled in the foothills of the Blue Ridge Mountains, Charlottesville offers a unique blend of small-town charm and big-city amenities attracts residents and tourists from around the globe. The MSA’s history, culture and natural beauty are supported by a strong economic base, anchored by The University of Virginia, The University Hospital, and other major employers, providing long-term economic stability and growth.
600 West Main enjoys an ideal location within a walkable, urban setting, showcasing downtown Charlottesville's vibrant and eclectic character. The property is situated just a half-mile west of Charlottesville's Historic District, an 8-block pedestrian mall featuring over 120 shops and 30 restaurants, and a half-mile east of the University of Virginia Campus, recently ranked the 4th best public national university by U.S. News & World Report.
The combination of 600 West Main's exceptional asset quality, prime Charlottesville location, high barriers to entry and limited development supply, within a strong multifamily submarket makes this an extremely rare investment opportunity.