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1100 Richmond Hwy
Richmond, VA 23224

Model Tobacco Lofts · Multifamily Property For Sale · 203 Units

Investment Highlights

  • Potential to transform the existing industrial buildings into 237 apartments
  • Best-in-class resort-styled community offering residents an unparalleled amenity package
  • Impeccably designed apartment homes averaging 946 square feet
  • Highly favorable assumable financing with ability to assume the current 3.67% VHDA loan
  • Favorable B-6 zoning in an enterprise zone which provides a multitude of allowable uses
  • Direct Access to I-95, VCU, Virginia State Capital, and central business district

PROPERTY FACTS

No. Units 203
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid Rise
Building Class A
Lot Size 14.85 AC
Building Size 269,000 SF
No. Stories 6
Year Built 2022
Parking Ratio 0.78/1,000 SF

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Microwave
  • Washer/Dryer
  • Heating
  • Kitchen
  • Granite Countertops
  • Hardwood Floors
  • Vaulted Ceiling
  • High Speed Internet Access
  • Refrigerator
  • Sprinkler System
  • Stainless Steel Appliances
  • Tub/Shower

Site Amenities

  • Business Center
  • Clubhouse
  • Fitness Center
  • Laundry Facilities
  • Pool
  • Property Manager on Site
  • Basketball Court
  • Cabana
  • Gameroom
  • Media Center/Movie Theatre
  • Car Charging Station
  • Conference Rooms
  • Elevator
  • Multi Use Room
  • Pet Washing Station

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
S007-0975-002
Land Assessment
$5,075,000
Improvements Assessment
$24,822,000
Total Assessment
$29,897,000

zoning

Zoning Code B-6
B-6
  • Listing ID: 30691499

  • Date on Market: 1/18/2024

  • Last Updated:

  • Address: 1100 Richmond Hwy, Richmond, VA 23224

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