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

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

8 Home Single Family Portfolio

7 Multifamily Properties Offered at $1,800,000 in Richmond, VA

Investment Highlights

  • Everything New or Renovated
  • Great Investment Opportunity
  • New Roofs & Systems

Executive Summary

A 8 home portfolio of houses in and around Richmond that are either newly built or recently renovated. Total package price is $1,800,000. All properties are occupied, with gross monthly rent of $14,200.

Attachments

9-Home-Flyer

Taxes & Operating Expenses (Actual - 2022)

Annual
Gross Rental Income $185,760
Other Income -
Vacancy Loss -
Effective Gross Income $185,760
Taxes $19,726
Operating Expenses -
Total Expenses $19,726
Net Operating Income -

Taxes & Operating Expenses (Actual - 2022)

Gross Rental Income
Annual $185,760
Other Income
Annual -
Vacancy Loss
Annual -
Effective Gross Income
Annual $185,760
Taxes
Annual $19,726
Operating Expenses
Annual -
Total Expenses
Annual $19,726
Net Operating Income
Annual -

Property Facts

Price $1,800,000
Price / SF $248.79 / SF
Sale Type Investment
Status Under Contract
Number of Properties 7
Individually For Sale 0
Total Building Size 7,235 SF
Total Land Area 1.38 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
4707 Castlewood Rd, Richmond, VA 23234 Multifamily 816 SF 1960 -
4220 Terminal Ave, Richmond, VA 23224 Multifamily 1,152 SF 1973 -
2610 Lochaven Blvd, Richmond, VA 23234 Multifamily 1,268 SF 1947 -
2616 Lochaven Blvd, Richmond, VA 23234 Multifamily 1,073 SF 1958 -
2314 Warwick Ave, Richmond, VA 23224 Multifamily 1,092 SF 1959 -
16 W 24th St, Richmond, VA 23225 Multifamily 1,064 SF 2021 -
14 W 24th St, Richmond, VA 23225 Multifamily 770 SF 1940 -
Show More > < Show Less
  • Listing ID: 28970769

  • Date on Market: 7/11/2023

  • Last Updated:

  • Address: 8 Home Single Family Portfolio, Richmond, VA

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}