24190 Sparta Rd | Milford, VA 22514
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24190 Sparta Rd
Milford, VA 22514
Multifamily Property For Sale
·
12 Units
INVESTMENT HIGHLIGHTS
- Large Potential Tenant Population
- Low Operating Expenses
- 12 income producing units on three floors
PROPERTY FACTS
| No. Units | 12 | Building Size | 7,760 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1926/2008 |
| Building Class | C | Parking Ratio | 3.09/1,000 SF |
| Lot Size | 3.23 AC | ||
| Zoning | RP | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 3.23 AC |
| Building Size | 7,760 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1926/2008 |
| Parking Ratio | 3.09/1,000 SF |
| Zoning | RP |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Satellite TV
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
ABOUT 24190 SPARTA RD , MILFORD, VA 22514
This is a great investment property. This building has 3 levels of living space. Owner renovated approximately 2008. Recently painted roof and repaired siding. Complex has built in coin - laundry service. The income from laundry covers common area electric. All apartments are currently rented. Units are individually metered. Well and Septic System. Operating expenses are low.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 1 | $400.00 | - |
| 2+1 | 11 | $725.00 | - |
PROPERTY TAXES
| Parcel Number | 74-A-94 | Improvements Assessment | $536,320 |
| Land Assessment | $81,600 | Total Assessment | $617,920 |
PROPERTY TAXES
Parcel Number
74-A-94
Land Assessment
$81,600
Improvements Assessment
$536,320
Total Assessment
$617,920
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