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881 Powell Dr
South Hill, VA 23970
Pinewood Forest Apartments · Multifamily Property For Sale · 48 Units
PROPERTY FACTS
| No. Units | 48 | Lot Size | 6.70 AC |
| Property Type | Multifamily | Building Size | 49,232 SF |
| Property Subtype | Apartment | Average Occupancy | 98% |
| Apartment Style | Garden | No. Stories | 2 |
| Building Class | C | Year Built | 1999 |
| No. Units | 48 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 6.70 AC |
| Building Size | 49,232 SF |
| Average Occupancy | 98% |
| No. Stories | 2 |
| Year Built | 1999 |
Unit Amenities
- Air Conditioning
- Disposal
- Refrigerator
- Wheelchair Accessible (Rooms)
Site Amenities
- Clubhouse
- Laundry Facilities
- Playground
- Property Manager on Site
- Recycling
About 881 Powell Dr , South Hill, VA 23970
This listing is a part of the South Atlantic Portfolio offered by ARA Newmark's Affordable Housing Team. Please visit our website below to see more details and download marketing materials/due diligence documents. (Link Below) Investment Highlights Major Operational Upside Priced at only $13,750/ unit Newest Apartment in South Hill Implementing $10 Rental Increase on Turns All Units have Exterior Storage Community/Interior Features Playground Community Room On-Site Laundry Vending Machine Fully Equipped Kitchens Garbage Disposals Exterior Storage Area Highlights Pine Wood Forest is located near Interstate 85, strategically located within commuting distance to both Richmond, VA and Raleigh, NC. Pine Wood Forest is located less than 2 mile from Downtown South Hill, with a number of restaurants and retail establishments. South Hill is located in Mecklenburg County, whose largest employers include: Community Memorial Health Center Jones Apparel Group American Building Co. HP/Clarksville Data Center Virginia Homes Manufacturing Microsoft Data Center Alcan Packaging Regitex Rex Roto of VA Virginia Quilting, Inc.
PROPERTY TAXES
| Parcel Number | 23368 | Improvements Assessment | $1,419,400 |
| Land Assessment | $335,000 | Total Assessment | $1,754,400 |
PROPERTY TAXES
zoning
| Zoning Code | 216 |
| 216 |
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