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500 Riggleman Dr
Timberville, VA 22853
Multifamily Property For Sale
·
4 Units
PROPERTY FACTS
| No. Units | 4 | Lot Size | 0.47 AC |
| Property Type | Multifamily | Building Size | 3,448 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built | 1994 |
| Zoning | R-3 | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.47 AC |
| Building Size | 3,448 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1994 |
| Zoning | R-3 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Washer/Dryer
- Kitchen
- Tub/Shower
- Carpet
ABOUT 500 RIGGLEMAN DR , TIMBERVILLE, VA 22853
Great investment opportunity! Fully leased to excellent long term tenants. All brick 4 unit apartment that has been very well maintained and upgraded. New roof installed in 2014. Current monthly rent income is $2,250 and more income expected by raising lower rent to market average. Each unit has a range, dishwasher, refrigerator, and washer/dryer. Tenants pay all utilities with separate meters and there is low maintenance cost by landlord. NO HOA fees. 1100 and 1500 Riggleman Drive 4 plexes are also on market. You can buy all three together!
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 4 | - | 862 |
PROPERTY TAXES
| Parcel Number | 40A4-15-L5 | Improvements Assessment | $279,500 |
| Land Assessment | $35,000 | Total Assessment | $314,500 |
PROPERTY TAXES
