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1300 McDonough St
Richmond, VA 23224
DV Manchester Park · Multifamily Property For Sale
·
24 Units
Investment Highlights
- EXCEPTIONAL MANCHESTER LOCATION
- LOW RISK INVESTMENT
- RELIABLE COMMERCIAL INCOME
- RENTS ARE COMPETITIVE YET STILL ENCOURAGE FULL OCCUPANCY
- OPTIMAL UNIT MIX
- REAL ESTATE TAX ABATEMENT BOOSTS CURRENT RETURNS
Property Facts
| No. Units | 24 | Building Size | 21,484 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Townhome | Year Built | 2017 |
| Building Class | B | Parking Ratio | 0.69/1,000 SF |
| Lot Size | 0.56 AC | ||
| Zoning | R-8 URBAN | ||
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | B |
| Lot Size | 0.56 AC |
| Building Size | 21,484 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 2017 |
| Parking Ratio | 0.69/1,000 SF |
| Zoning | R-8 URBAN |
Amenities
Unit Amenities
- Dishwasher
- Granite Countertops
- Ice Maker
- Stainless Steel Appliances
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- On-Site Retail
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 10 | - | - |
| 2+2 | 7 | - | - |
| 3+3 | 7 | - | - |
Property Taxes
| Parcel Number | S000-0122-007 | Improvements Assessment | $2,169,000 |
| Land Assessment | $210,000 | Total Assessment | $2,379,000 |
Property Taxes
Parcel Number
S000-0122-007
Land Assessment
$210,000
Improvements Assessment
$2,169,000
Total Assessment
$2,379,000
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