19400-19498 Midwest Cir | Abingdon, VA 24211
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19400-19498 Midwest Cir
Abingdon, VA 24211
The Village at Riley Pointe · Multifamily Property For Sale
·
26 Units

INVESTMENT HIGHLIGHTS
- 26 condominium town home style units with 2 bed, 1.5 baths
- average unit size of 919 sf
- property developed in 1977 with $800k in renovations in 2009/2010.
- lot size of 2.97 acres plus additional 2 acre vacant parcel
- strong historic occupancy with above average housing demand
PROPERTY FACTS
| No. Units | 26 | Lot Size | 2.97 AC |
| Property Type | Multifamily | Building Size | 23,894 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Garden | No. Stories | 2 |
| Building Class | B | Year Built/Renovated | 1977/2010 |
| Zoning | R1 | ||
| No. Units | 26 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 2.97 AC |
| Building Size | 23,894 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1977/2010 |
| Zoning | R1 |
ABOUT 19400-19498 MIDWEST CIR , ABINGDON, VA 24211
Abingdon is conveniently located in southwestern Virginia known for its natural beauty and historic character. Local recreational activities include Glenrochie Country Club, Harry Coomes recreational center, and Virginia Creeper National Recreational Trail. Multiple national forests are within easy driving distance of Abingdon. The Virginia Highlands Community College provides residents with educational and cultural offerings.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 26 | $662.50 | 919 |
PROPERTY TAXES
| Parcel Number | 124A2-8-2A | Improvements Assessment | $2,020,400 |
| Land Assessment | $222,800 | Total Assessment | $2,243,200 |
PROPERTY TAXES
Parcel Number
124A2-8-2A
Land Assessment
$222,800
Improvements Assessment
$2,020,400
Total Assessment
$2,243,200
Listing ID: 18932284
Date on Market: 3/20/2020
Last Updated:
Address: 19400-19498 Midwest Cir, Abingdon, VA 24211
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