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2110-2112 Redd St
Richmond, VA 23223
Redd Fox Apartments · Multifamily Property For Sale
·
36 Units
Investment Highlights
- 36 Units: All Two-Bedroom & One-Bathroom
- 10.71% In-Place Cap Rate
- Fully Passive from Day One
- Absolute NNN Master Lease
- 5.5 Years Remaining on Lease Term
Executive Summary
NNN
Property Facts
| Price Per Unit | $191,667 | Building Class | C |
| Sale Type | Investment | Lot Size | 1.01 AC |
| Cap Rate | 10.71% | Building Size | 23,706 SF |
| No. Units | 36 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1964 |
| Property Subtype | Apartment | Parking Ratio | 1.05/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | R-53 - Multifamily-Residential | ||
| Price Per Unit | $191,667 |
| Sale Type | Investment |
| Cap Rate | 10.71% |
| No. Units | 36 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.01 AC |
| Building Size | 23,706 SF |
| No. Stories | 2 |
| Year Built | 1964 |
| Parking Ratio | 1.05/1,000 SF |
| Zoning | R-53 - Multifamily-Residential |
Amenities
Unit Amenities
- Air Conditioning
Property Taxes
| Parcel Number | E000-0665-033 | Improvements Assessment | $3,802,000 |
| Land Assessment | $180,000 | Total Assessment | $3,982,000 |
Property Taxes
Parcel Number
E000-0665-033
Land Assessment
$180,000
Improvements Assessment
$3,802,000
Total Assessment
$3,982,000
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