Walker Street Apartments Multi-Family FOR SALE


Harrisonburg, VA
$1,650,000 USD
540-478-7616
, Harrisonburg, VA for Sale
$1,650,000 USD
Multi-Family - FOR SALE
1/24
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Walker Street Apartments
Harrisonburg, VA


HIGHLIGHTS

  • Value-Add Property
  • Well Maintained Buildings

OVERVIEW

Investors grab this offer to own 2 well-maintained, income-producing apartment buildings in Harrisonburg! These 2 buildings are on 2 tax parcels, each with 6 one-bedroom, one-bathroom apartments. Each building lies on .29 acres. Both buildings have been consistently 100% occupied since they were built. Affordable one-bedroom apartments in Harrisonburg are sparse, and these are always in high demand. They are within walking distance of JMU and near Harrisonburg Transit Bus Stops. There is a shared parking lot with 22 parking spaces. This is a value-add property with projected increased rents for 2025-2026. The property has been well-maintained and updated throughout the years. Building 1337 has had remodeled kitchens and washer/dryer added in each unit. Each unit in both buildings has a through-the-wall air conditioning unit as well. Tenants pay electric, water/sewer, and trash.

ASK ABOUT THIS PROPERTY

Jeffrey RobbLee & AssociatesMore Info
540-478-7616

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Jeffrey RobbLee & AssociatesMore Info
540-478-7616

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