Harrisonburg Housing Portfolio Multi-Family FOR SALE


Harrisonburg, VA - Downtown Harrisonburg
$3,900,000 USD
804-802-6883
, Harrisonburg, VA for Sale
$3,900,000 USD
Multi-Family - FOR SALE
1/3
null | 8.48% Cap Rate

Harrisonburg Housing Portfolio
Harrisonburg, VA
Downtown Harrisonburg


HIGHLIGHTS

  • Top of the Market Rents
  • Leases Secured Through 2026-2027
  • A Mix of Two-, Three-, Four-, Eight- and Ten-Bedroom Units

OVERVIEW

Marcus & Millichap is pleased to present the offering memorandum for Harrisonburg Housing Portfolio Harrisonburg, VA. The offering contains eight properties constructed between 1915 and 1935 and situated on approximately 2.50 cumulative acres. 214-224 Broad Street is three duplexes, 145 Campbell Street and 147 Campbell Street are duplexes, 360 W Bruce Street, 415 N Liberty Street, 507 E Wolfe Street and 548 E Market Street are single family homes. Harrisonburg’s population growth, thriving university community, and limited multifamily supply create strong rental demand and low vacancies. Affordable entry prices, stable rents, and a supportive property management network offer investors steady cash flow, attractive yields, and long-term appreciation potential, making it a prime market for multifamily investment in Virginia.

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.