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305 N Main St
Galax, VA 24333

Chestnut Creek Apartments · Multifamily Property For Sale · 33 Units

INVESTMENT HIGHLIGHTS

  • Recently Renovated with Little Deferred Maintenance.
  • Three Vacant Retail Spaces for Revenue Stream.
  • Ability to Increase NOI by Reducing Expenses and Increasing Rents.

PROPERTY FACTS

No. Units 33
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.79 AC
Building Size 18,864 SF
Average Occupancy 97%
No. Stories 3
Year Built/Renovated 1979/2019

SITE AMENITIES

  • Laundry Facilities

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 5 $584.00 -
1+1 19 $671.00 -
2+1 9 $722.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
000013513001
Land Assessment
$236,800
Improvements Assessment
$1,015,800
Total Assessment
$1,252,600

ZONING

Zoning Code RS (Residential)
RS (Residential)
  • Listing ID: 23497379

  • Date on Market: 6/23/2021

  • Last Updated:

  • Address: 305 N Main St, Galax, VA 24333

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