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Brown Terrace 101 Marshall Ter 8 Unit Apartment Building $699,000 ($87,375/Unit) Danville, VA 24541
Executive Summary
In the heart of the Old West End, this well-situated 8-unit building is steps from the hospital, casino, and downtown amenities. The 2-bedroom, 1-bath units showcase hardwood floors, convenient basement laundry, and a secured entrance. A solid opportunity for investors seeking strong location appeal.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
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-
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| Other Income |
-
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-
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| Vacancy Loss |
-
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-
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| Effective Gross Income |
-
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-
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| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $699,000 | Building Class | C |
| Price Per Unit | $87,375 | Lot Size | 0.17 AC |
| Sale Type | Investment | Building Size | 7,875 SF |
| No. Units | 8 | Average Occupancy | 85% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1952 |
| Apartment Style | Low-Rise | ||
| Zoning | MR | ||
| Price | $699,000 |
| Price Per Unit | $87,375 |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 7,875 SF |
| Average Occupancy | 85% |
| No. Stories | 3 |
| Year Built | 1952 |
| Zoning | MR |
Amenities
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Tenant Controlled HVAC
- Smoke Free
- Trash Pickup - Curbside
- Walk To Campus
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 8 | $687.50 | 1,050 |
1 1
Fairly walkable
50/100
Moderately drivable
70/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 24593 | Improvements Assessment | $238,400 |
| Land Assessment | $8,000 | Total Assessment | $246,400 |
Property Taxes
Parcel Number
24593
Land Assessment
$8,000
Improvements Assessment
$238,400
Total Assessment
$246,400
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Brown Terrace | 101 Marshall Ter
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