Welcome to LoopNet! Check out the listing below or search over 725,000 other listings.
Browse More Listings in Multifamily For Sale, Charlottesville, VA or Virginia
Abington Place
1439- A Timberwood Blvd, Charlottesville, VA 22901
Last Verified 11/11/2009
Listing ID 16245819
Description
Brand new building, mixed use, with 56 residential apartments and over 18000 sq. ft of commercial office space that has not yet been built out. The CAP rate applies only to the residential section, but the 2 year pro-forma has year 2 at 6.75.
Located along the Route 29 corridor close to the airport, the National Ground Intelligence Center and the University of Virginia Research Park. Abington Place is located in the Hollymead Town Center development which is home to Target, Harris Teeter, Panera Bread, Starbucks and the soon-to-be built Kohls.
Actual
$625,000
Map of 1439- A Timberwood Blvd, Charlottesville, VA 22901 (Albemarle County)
Created 5/20/2009
The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.