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2200 Old Ivy Rd
Charlottesville, VA 22903
Office Property For Sale
PROPERTY FACTS
ABOUT 2200 OLD IVY RD , CHARLOTTESVILLE, VA 22903
100% occupied, multi-tenant building with in-place NOI of $200,000 which yields a 7% return Two story office building consisting of 13,487 SF Relatively short term leases may present opportunity for both owner occupiers, and investors through rent growth Significant renovation in 2009 including new roof, complete exterior face lift, and upgrades to major building systems 52 on-site parking spaces Limited supply of office product and high barriers to entry in the west quadrant create landlord-favored market conditions Located in the highly desirable west side of Charlottesville, next door to the Ivy Inn and across the street from the UVA Miller Center Professionally managed, well-maintained asset
PROPERTY TAXES
| Parcel Number | 06000-00-00-046C0 | Improvements Assessment | $1,476,400 |
| Land Assessment | $708,900 | Total Assessment | $2,185,300 |
PROPERTY TAXES
