401 Lancaster Gate Dr | Midlothian, VA 23113
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401 Lancaster Gate Dr
Midlothian, VA 23113
The Park at Salisbury · Multifamily Property For Sale
·
320 Units
INVESTMENT HIGHLIGHTS
- Highly Attractive In-Place Financing with Supplemental Potential
- Stabilized Bulk Cable Program Profit Center
- Affluent Midlothian Location with Superior Demographics
- Proven Renovation Success
- Compelling Community Amenity Package
- RVA as a Top Destination for NOVA and DC Metro Residents
PROPERTY FACTS
| No. Units | 320 | Lot Size | 44.11 AC |
| Property Type | Multifamily | Building Size | 336,158 SF |
| Property Subtype | Apartment | Average Occupancy | 93% |
| Apartment Style | Garden | No. Stories | 3 |
| Building Class | B | Year Built/Renovated | 2004/2019 |
| Zoning | R9 - SINGL | ||
| No. Units | 320 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 44.11 AC |
| Building Size | 336,158 SF |
| Average Occupancy | 93% |
| No. Stories | 3 |
| Year Built/Renovated | 2004/2019 |
| Zoning | R9 - SINGL |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Fireplace
- Microwave
- Storage Space
- Washer/Dryer
- Heating
- Security System
- Ceiling Fans
- Kitchen
- High Speed Internet Access
- Refrigerator
- Satellite TV
- Range
- Tub/Shower
- Sunroom
- Walk-In Closets
- Carpet
- Wi-Fi
- Dining Room
- Vinyl Flooring
- Window Coverings
SITE AMENITIES
- Clubhouse
- Fitness Center
- Laundry Facilities
- Picnic Area
- Playground
- Pool
- Property Manager on Site
- Wi-Fi
- Storage Space
- Lounge
- Maintenance on site
- Sundeck
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 60 | - | 775 - 821 |
| 2+1 | 24 | - | 940 - 985 |
| 2+2 | 186 | - | 1,075 - 1,208 |
| 3+2 | 50 | - | 1,240 - 1,326 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $59,066,200 | |
| Land Assessment | $7,361,500 | Total Assessment | $66,427,700 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$7,361,500
Improvements Assessment
$59,066,200
Total Assessment
$66,427,700
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