3701 U S Highway 29 | Danville, VA 24540
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- LoopNet Team
3701 U S Highway 29
Danville, VA 24540
Multifamily Property For Sale
·
24,000 SF
INVESTMENT HIGHLIGHTS
- 22 acres of well-maintained grounds.
- Long-term investment opportunity with strong cash flow.
- Value-add opportunity with significant upside to renovations and leasing.
- 7 min / 3.4 mi to Downtown Danville.
PROPERTY FACTS
| No. Units | 32 | Lot Size | 22.00 AC |
| Property Type | Multifamily | Building Size | 24,000 SF |
| Property Subtype | Manufactured Housing/Mobile Home | No. Stories | 1 |
| Apartment Style | Garden | Year Built | 1950 |
| Building Class | C | Parking Ratio | 1.33/1,000 SF |
| Zoning | DZ - Downtown Zone | ||
| No. Units | 32 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 22.00 AC |
| Building Size | 24,000 SF |
| No. Stories | 1 |
| Year Built | 1950 |
| Parking Ratio | 1.33/1,000 SF |
| Zoning | DZ - Downtown Zone |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 32 | - | - |
PROPERTY TAXES
| Parcel Number | 2420-40-8372 | Improvements Assessment | $535,300 |
| Land Assessment | $308,500 | Total Assessment | $843,800 |
PROPERTY TAXES
Parcel Number
2420-40-8372
Land Assessment
$308,500
Improvements Assessment
$535,300
Total Assessment
$843,800
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