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Hallock Townhomes 265 Hallock Pl 38 Unit Apartment Building $3,500,000 ($92,105/Unit) Abingdon, VA 24210



Executive Summary
SVN | Wood Properties is proud to present Hallock Drive Townhomes, a 38-unit townhouse community located in the highly desirable Abingdon, Virginia market. Built in 2003, the property consists entirely of spacious two-bedroom, one and-a-half-bathroom townhomes averaging approximately 975–1,000 square feet. Hallock Drive offers investors the opportunity to acquire a well-maintained, stabilized asset with strong in-place cash flow and continued upside through rent growth. With its attractive townhome layout, convenient access to Interstate 81, and proximity to major employment centers throughout the Tri-Cities region, the property is well-positioned to benefit from the area's strong rental demand and long-term economic growth.
Property Facts
| Price | $3,500,000 | Building Class | C |
| Price Per Unit | $92,105 | Lot Size | 2.64 AC |
| Sale Type | Investment | Building Size | 37,088 SF |
| No. Units | 38 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2003 |
| Property Subtype | Apartment | Parking Ratio | 2.63/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | R-3 | ||
| Price | $3,500,000 |
| Price Per Unit | $92,105 |
| Sale Type | Investment |
| No. Units | 38 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 2.64 AC |
| Building Size | 37,088 SF |
| No. Stories | 2 |
| Year Built | 2003 |
| Parking Ratio | 2.63/1,000 SF |
| Zoning | R-3 |
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Somewhat walkable
20/100
Exceptionally drivable
100/100
Property Taxes
| Parcel Number | 104-9-29 | Improvements Assessment | $2,890,500 |
| Land Assessment | $250,000 | Total Assessment | $3,140,500 |
Property Taxes
Parcel Number
104-9-29
Land Assessment
$250,000
Improvements Assessment
$2,890,500
Total Assessment
$3,140,500
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Hallock Townhomes | 265 Hallock Pl
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