8 Rainbow Ln - Assisted Livings FOR SALE


Waynesboro, VA 22980
$899,999 USD
434-531-2707
8 Rainbow Ln, Waynesboro, VA for Sale
$899,999 USD
Assisted Livings - FOR SALE
1/74
null | Request Cap Rate

8 Rainbow Ln
Waynesboro, VA 22980


HIGHLIGHTS

  • Back Up Generator, Sprinkler System, 2- 3 Car Garages
  • 6 Beds with 1/2 Baths, 7 Beds with full Baths, Master Suite with full Kitchen
  • Salon, 2 Shower Rooms, 3 Gathering Rooms, Dining Room, Commercial Kitchen, Laundry, Office

OVERVIEW

Investment Opportunity! This opportunity in a serene setting is ideal for investors seeking strong income potential and long-term value. This fully furnished property offers 14 units across a thoughtfully laid-out complex. The property features: • 6 private units with half baths • 7 private units with full baths • 1 spacious private apartment – perfect for an owner-occupant or onsite manager Currently configured for comfort and functionality, this is income ready from day one. All rooms come fully furnished, with furniture included in the sale. Property highlights include: • Communal living and recreational areas for tenant engagement and flexibility of use • Three large shower/laundry/saloon room with potential for conversion or additional amenities • Commercial-grade kitchen suitable for shared use • Lush, landscaped outdoor areas offering relaxation and curb appeal • Two detached 3-car garage outbuildings provide ample storage, including backup furnishings to support tenant turnover or upgrades. • Private Office for management purposes

FOR SALE DETAILS

PRICE

$899,999 USD

PRICE/SF

$110 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Investment Opportunity! Priced to Move!!

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Assisted Livings

ADD'L SUBTYPES

Congregate Senior Housing, Continuing Care Retirement Com

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

1972

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.48 AC

LAND SF

195,149 SF

ZONING

General Ag

APN/PARCEL ID

058-25

ASK ABOUT THIS PROPERTY

Jonathan StallardKline & Co Real EstateMore Info
434-531-2707

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Jonathan StallardKline & Co Real EstateMore Info
434-531-2707

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