7576 Old Peppers Ferry Loop - Apartments FOR SALE


Fairlawn, VA 24141
$875,000 USD
804-802-6883
7576 Old Peppers Ferry Loop, Fairlawn, VA for Sale
$875,000 USD
Apartments - FOR SALE
1/3
null | 6.46% Cap Rate

7576 Old Peppers Ferry Loop
Fairlawn, VA 24141


HIGHLIGHTS

  • 17 Units: A Mix of One- & Two-Bedroom Units
  • Recent Updates: New Roof & Plumbing
  • 94% Tenant Occupancy
  • Prime Location: 9 Minutes from Radford University

OVERVIEW

The Uzun Group of Marcus & Millichap is pleased to present the offering memorandum for Fairlawn Apartments located at 7576 Old Peppers Ferry Loop in Fairlawn, VA 24141. The property consists of seventeen units total. There are fifteen, one-bedroom and one-bathroom units and two, two-bedroom and one-bathroom units built in 1940 and situated on +/- 0.55 ac.

FOR SALE DETAILS

PRICE

$875,000 USD

PRICE/SF

$90 USD /SF

# OF UNITS

17

PRICE/UNIT

$51,471

CAP RATE

6.46%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1940

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.55 AC

LAND SF

23,958 SF

ZONING

R

APN/PARCEL ID

13696

ASK ABOUT THIS PROPERTY

Jack CarrollMarcus & MillichapMore Info
804-802-6883

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Jack CarrollMarcus & MillichapMore Info
804-802-6883

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