416 Merrimac Trl | Williamsburg, VA 23185
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416 Merrimac Trl
Williamsburg, VA 23185
Parkway Apartments · Multifamily Property For Sale
·
144 Units
INVESTMENT HIGHLIGHTS
- Strong performing stable asset
- Top school district
- Blank slate to enhance interiors & increase rents
- Great Williamsburg location with proximity to top employers
PROPERTY FACTS
| No. Units | 144 | Building Size | 157,300 SF |
| Property Type | Multifamily | Average Occupancy | 96% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Garden | Year Built | 1974 |
| Building Class | C | Parking Ratio | 1.68/1,000 SF |
| Lot Size | 12.05 AC | ||
| Zoning | RM-2 - is a zoning category for residential mixed districts that allow for a variety of housing types and some non-residential uses. | ||
| No. Units | 144 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 12.05 AC |
| Building Size | 157,300 SF |
| Average Occupancy | 96% |
| No. Stories | 3 |
| Year Built | 1974 |
| Parking Ratio | 1.68/1,000 SF |
| Zoning | RM-2 - is a zoning category for residential mixed districts that allow for a variety of housing types and some non-residential uses. |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Disposal
- Refrigerator
- Walk-In Closets
SITE AMENITIES
- Business Center
- Fitness Center
- Laundry Facilities
- Playground
- Grill
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 61 | - | 900 |
| 2+1 | 22 | - | 1,050 |
| 2+2 | 29 | - | 1,100 |
| 3+2 | 32 | - | 1,350 |
PROPERTY TAXES
| Parcel Number | 2822.742.880 | Improvements Assessment | $19,738,400 |
| Land Assessment | $1,344,800 | Total Assessment | $21,083,200 |
PROPERTY TAXES
Parcel Number
2822.742.880
Land Assessment
$1,344,800
Improvements Assessment
$19,738,400
Total Assessment
$21,083,200
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