301 Rotunda St | Lynchburg, VA 24502
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301 Rotunda St
Lynchburg, VA 24502
Multifamily For Sale in Lynchburg, VA · Multifamily Property For Sale
·
68 Units
INVESTMENT HIGHLIGHTS
- The Commons at Cornerstone is a 68-unit Class B apartment complex situated in the desirable Cornerstone community.
- Amenities include a 25-acre park, a pool, spa, splash pack, volleyball courts, picnic tables and greenspace throughout.
- Cornerstone is Lynchburg Virginia’s fastest growing and most exciting new community.
- The property has a unit mix of (22) 3 Bed /2 Bath and (46) 2 Bed /2 Bath.
PROPERTY FACTS
| No. Units | 68 | Lot Size | 2.73 AC |
| Property Type | Multifamily | Building Size | 139,296 SF |
| Property Subtype | Apartment | Average Occupancy | 96% |
| Apartment Style | Mid-Rise | No. Stories | 4 |
| Building Class | B | Year Built | 2013 |
| Zoning | R-1 - Residential | ||
| No. Units | 68 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 2.73 AC |
| Building Size | 139,296 SF |
| Average Occupancy | 96% |
| No. Stories | 4 |
| Year Built | 2013 |
| Zoning | R-1 - Residential |
AMENITIES
UNIT AMENITIES
- Balcony
- Dishwasher
- Microwave
- Washer/Dryer
- Vaulted Ceiling
- Refrigerator
- Oven
- Range
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Maintenance on site
- Public Transportation
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 46 | - | 904 - 1,000 |
| 3+2 | 22 | - | 1,095 - 1,100 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $9,303,000 | |
| Land Assessment | $1,190,000 | Total Assessment | $10,493,000 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,190,000
Improvements Assessment
$9,303,000
Total Assessment
$10,493,000
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