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702 Jackson St 6 Unit Apartment Building $1,700,000 ($283,333/Unit) 8.05% Cap Rate Fredericksburg, VA 22401
Executive Summary
3,200 sf warehouse with reception, restroom, conference room, kitchenette in warehouse
Entire building fully conditioned
For lease at $3000 month plus separately metered utilities.
Available Immediately
6 luxury one bedroom town homes
Mahogany front doors, granite countertops, cedar closets, fireplace and laundry in each unit.
Asking Price: $1.7 million
Entire building fully conditioned
For lease at $3000 month plus separately metered utilities.
Available Immediately
6 luxury one bedroom town homes
Mahogany front doors, granite countertops, cedar closets, fireplace and laundry in each unit.
Asking Price: $1.7 million
Property Facts
| Price | $1,700,000 | Apartment Style | Low-Rise |
| Price Per Unit | $283,333 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.45 AC |
| Cap Rate | 8.05% | Building Size | 5,982 SF |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1949 |
| Property Subtype | Apartment | ||
| Zoning | CT | ||
| Price | $1,700,000 |
| Price Per Unit | $283,333 |
| Sale Type | Investment |
| Cap Rate | 8.05% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.45 AC |
| Building Size | 5,982 SF |
| No. Stories | 2 |
| Year Built | 1949 |
| Zoning | CT |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | - |
1 1
Moderately walkable
70/100
Moderately drivable
70/100
Good public transit
60/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 123-L2 | Improvements Assessment | $664,800 |
| Land Assessment | $372,300 | Total Assessment | $1,037,100 |
Property Taxes
Parcel Number
123-L2
Land Assessment
$372,300
Improvements Assessment
$664,800
Total Assessment
$1,037,100
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702 Jackson St
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