77 Ford St
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
thank you
Your email has been sent!
77 Ford St
10 Unit Apartment Building $750,000 ($75,000/Unit) 8.06% Cap Rate Collinsville, VA 24078
Investment Highlights
- 100% Occupancy
- New Roof
- All Units Newly Renovated
- 2BR Units
Executive Summary
Newly renovated, 10-unit apartment complex in convenient Collinsville location. Stabilized property; 100% occupied on term leases. 10/10 units renovated in 2024. All units 2BR/1BA. Recent upgrades to property include: New roof, parking lot sealed and striped, exterior paint, new gutters, landscaping, and more. Owner/Agent
Data Room Click Here to Access
Financial Summary (Pro forma - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro forma - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts Under Contract
| Price | $750,000 | Apartment Style | Low Rise |
| Price Per Unit | $75,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.44 AC |
| Cap Rate | 8.06% | Building Size | 7,032 SF |
| Gross Rent Multiplier | 7.8 | Average Occupancy | 100% |
| No. Units | 10 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1974/2024 |
| Property Subtype | Apartment | Parking Ratio | 2.27/1,000 SF |
| Price | $750,000 |
| Price Per Unit | $75,000 |
| Sale Type | Investment |
| Cap Rate | 8.06% |
| Gross Rent Multiplier | 7.8 |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.44 AC |
| Building Size | 7,032 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1974/2024 |
| Parking Ratio | 2.27/1,000 SF |
Unit Amenities
- Refrigerator
- Stainless Steel Appliances
- Range
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 10 | $800.00 | 700 |
PROPERTY TAXES
| Parcel Numbers | Total Assessment | $195,700 | |
| Land Assessment | $25,300 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $170,400 | Tax Year | 2024 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$25,300
Improvements Assessment
$170,400
Total Assessment
$195,700
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
zoning
| Zoning Code | SR (SR: Suburban Residential) |
| SR (SR: Suburban Residential) |
1 of 30
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
77 Ford St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.