1807 E Church Street Ext | Martinsville, VA 24112
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
1807 E Church Street Ext
Martinsville, VA 24112
Stratford Square Apartments · Multifamily Property For Sale · 77 Units
Investment Highlights
- Stratford Square is in the heart of a quiet, well established residential neighborhood in Martinsville, VA.
- This 77 unit apartment complex is in close proximity to shopping, dining, schools, entertainment, medical services and major area thoroughfares.
- Stratford Square's amenities include a swimming pool, playground and tennis court.
- The 6.25 acre parcel is well maintained and the mature landscaping includes oaks, dogwood trees, azaleas and rhododendrons.
- Utilities are separately metered and there are opportunities for rent growth.
- The Property is offered at a 5.3% CAP with a conservative Pro-Forma 7.68% CAP.
PROPERTY FACTS
| No. Units | 77 | Lot Size | 6.25 AC |
| Property Type | Multifamily | Building Size | 272,076 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1973 |
| Building Class | C | Parking Ratio | 0.51/1,000 SF |
| No. Units | 77 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 6.25 AC |
| Building Size | 272,076 SF |
| No. Stories | 2 |
| Year Built | 1973 |
| Parking Ratio | 0.51/1,000 SF |
Unit Amenities
- Cable Ready
- Dishwasher
- Disposal
- Washer/Dryer Hookup
- Heating
- Tile Floors
- Eat-in Kitchen
- Kitchen
- Refrigerator
- Oven
- Range
- Carpet
- Freezer
- Patio
- Vinyl Flooring
Site Amenities
- Laundry Facilities
- Playground
- Pool
- Tennis Court
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | $425.00 | 637 |
| 2+2 | 70 | $650.00 | 1,044 |
| 3+2 | 3 | $900.00 | 1,856 |
PROPERTY TAXES
| Parcel Number | 000307900 | Improvements Assessment | $3,016,200 |
| Land Assessment | $43,700 | Total Assessment | $3,059,900 |
PROPERTY TAXES
Parcel Number
000307900
Land Assessment
$43,700
Improvements Assessment
$3,016,200
Total Assessment
$3,059,900
zoning
| Zoning Code | R-N (The R-N, Neighborhood Residential District (formerly R-9) is intended to preserve and enhance existing medium density residential neighborhoods.) |
| R-N (The R-N, Neighborhood Residential District (formerly R-9) is intended to preserve and enhance existing medium density residential neighborhoods.) |
Learn More About Investing in Apartment Buildings
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
