5300 Steeplechase Dr | Fredericksburg, VA 22407
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5300 Steeplechase Dr
Fredericksburg, VA 22407
Southpoint Reserve at Stoney Creek · Multifamily Property For Sale
·
156 Units
INVESTMENT HIGHLIGHTS
- Value-add investment opportunity to acquire a 156-unit apartment community
- Convenient access to an array of retail, dining and outdoor amenities
- Situated just minutes off I-95
PROPERTY FACTS
| No. Units | 156 | Building Size | 116,000 SF |
| Property Type | Multifamily | Average Occupancy | 95% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1985 |
| Building Class | B | Parking Ratio | 1.03/1,000 SF |
| Lot Size | 14.06 AC | ||
| Zoning | R2 - RESID - Residential zoning district that allows for moderate density suburban development, with a limited number of commercial and institutional uses | ||
| No. Units | 156 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 14.06 AC |
| Building Size | 116,000 SF |
| Average Occupancy | 95% |
| No. Stories | 2 |
| Year Built | 1985 |
| Parking Ratio | 1.03/1,000 SF |
| Zoning | R2 - RESID - Residential zoning district that allows for moderate density suburban development, with a limited number of commercial and institutional uses |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Fireplace
- Washer/Dryer
- Bay Window
- Ceiling Fans
- Kitchen
- Range
- Walk-In Closets
- Dining Room
- Window Coverings
SITE AMENITIES
- Business Center
- Clubhouse
- Fitness Center
- Laundry Facilities
- Playground
- Pool
- Property Manager on Site
- Tennis Court
- Car Wash Area
- Package Service
- Recycling
- Volleyball Court
- Storage Space
- Maintenance on site
- Sundeck
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 68 | - | 450 - 619 |
| 2+1 | 32 | - | 798 |
| 2+2 | 48 | - | 893 |
| 3+2 | 8 | - | 1,075 |
PROPERTY TAXES
| Parcel Number | 35-A-151F | Improvements Assessment | $22,151,300 |
| Land Assessment | $3,900,000 | Total Assessment | $26,051,300 |
PROPERTY TAXES
Parcel Number
35-A-151F
Land Assessment
$3,900,000
Improvements Assessment
$22,151,300
Total Assessment
$26,051,300
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