112 Stonemill Dr | Lynchburg, VA 24502
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112 Stonemill Dr
Lynchburg, VA 24502
The Overlook at Stonemill Apartments · Multifamily Property For Sale · 216 Units
Investment Highlights
- Ideal Value-Add Opportunity
- Opportunity to Right Size Operational Expenses
- Additional Land Available for Development
- Rents Below Market
- Proximity to Liberty University and Other Major Employers
PROPERTY FACTS
| No. Units | 216 | Lot Size | 20.60 AC |
| Property Type | Multifamily | Building Size | 199,278 SF |
| Property Subtype | Apartment | Average Occupancy | 91% |
| Apartment Style | Garden | No. Stories | 3 |
| Building Class | B | Year Built | 2001 |
| No. Units | 216 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 20.60 AC |
| Building Size | 199,278 SF |
| Average Occupancy | 91% |
| No. Stories | 3 |
| Year Built | 2001 |
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Fireplace
- Microwave
- Washer/Dryer
- Heating
- Ceiling Fans
- Kitchen
- High Speed Internet Access
- Refrigerator
- Satellite TV
- Sprinkler System
- Range
- Tub/Shower
- Walk-In Closets
- Carpet
- Dining Room
- Vinyl Flooring
- Window Coverings
Site Amenities
- 24 Hour Access
- Business Center
- Clubhouse
- Fitness Center
- Laundry Facilities
- Picnic Area
- Playground
- Pool
- Property Manager on Site
- Dry Cleaning Service
- Furnished Units Available
- Grill
- Package Service
- Storage Space
- Lounge
- Maintenance on site
- Online Services
- Sundeck
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 27 | - | - |
| 2+1 | 9 | - | - |
| 2+2 | 138 | - | - |
| 3+2 | 42 | - | - |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $26,168,500 | |
| Land Assessment | $2,654,100 | Total Assessment | $28,822,600 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$2,654,100
Improvements Assessment
$26,168,500
Total Assessment
$28,822,600
zoning
| Zoning Code | R3 RC |
| R3 RC |
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