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510 N Loudoun St 3 Unit Apartment Building Offered at $450,000 at a 8% Cap Rate Winchester, VA 22601
EXECUTIVE SUMMARY
All brick 3 unit complex with off street parking and near Old Town Mall..2nd floor has 2BD/1BA with unfinished attic, main floor is 1BR/1BA (Both have rear balcony) and basement unit has access to storage area and includes1BD/1BA. All units have washer/dryer (Basement unit washer/dryer belongs to tenant). Owner/Agent and home inspection report available upon request. Electrical items in home inspection already remedied.
PROPERTY FACTS
| Price | $450,000 | Property Type | Multifamily |
| Price Per Unit | $150,000 | Building Size | 2,376 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| Cap Rate | 8% | No. Stories | 3 |
| Gross Rent Multiplier | 12 | Year Built | 1920 |
| No. Units | 3 | Opportunity Zone |
Yes
|
| Price | $450,000 |
| Price Per Unit | $150,000 |
| Sale Type | Investment |
| Cap Rate | 8% |
| Gross Rent Multiplier | 12 |
| No. Units | 3 |
| Property Type | Multifamily |
| Building Size | 2,376 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1920 |
| Opportunity Zone |
Yes |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 1 | $1,100 | - |
| 3+1 | 1 | $1,200 | - |
| 1+1 | 1 | $800.00 | - |
1 1
Walk Score®
Very Walkable (82)
PROPERTY TAXES
| Parcel Number | 153-01-E-15 | Improvements Assessment | $265,400 |
| Land Assessment | $63,000 | Total Assessment | $328,400 |
PROPERTY TAXES
Parcel Number
153-01-E-15
Land Assessment
$63,000
Improvements Assessment
$265,400
Total Assessment
$328,400
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510 N Loudoun St
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