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Investment Highlights
- Easy to lease and manage apartments with many long-term tenants
- Value-add potential with commercial spaces
Executive Summary
LSK Plaza Includes 632-634 Charles St. which includes 16 residential units, with no vacancies. 8 commercial units with many long-term tenants (Laundrymat, Scarlet Moon Tattoo Parlor, Mommy & Me, Infusion Hair Salon).
644 Greenville Ave: 3 long-term tenants (Papa John's, UPS and Barber Shop/Nail Salon).
630 Charles St: 1820 SF Office/Workshop used by prior management company, now leased to Health Care Services Company for last 5 years.
Owner Agent
644 Greenville Ave: 3 long-term tenants (Papa John's, UPS and Barber Shop/Nail Salon).
630 Charles St: 1820 SF Office/Workshop used by prior management company, now leased to Health Care Services Company for last 5 years.
Owner Agent
Taxes & Operating Expenses (Pro Forma - 2026) Click Here to Access |
Annual |
|---|---|
| Gross Rental Income |
$99,999
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$99,999
|
| Taxes |
$99,999
|
| Operating Expenses |
$99,999
|
| Total Expenses |
$99,999
|
| Net Operating Income |
$99,999
|
Taxes & Operating Expenses (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
Property Facts
| Price | $3,100,000 | Number of Properties | 3 |
| Price / SF | $193.30 / SF | Individually For Sale | 1 |
| Cap Rate | 6.87% | Total Building Size | 16,037 SF |
| Sale Type | Investment | Total Land Area | 2.29 AC |
| Status | Active |
| Price | $3,100,000 |
| Price / SF | $193.30 / SF |
| Cap Rate | 6.87% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 1 |
| Total Building Size | 16,037 SF |
| Total Land Area | 2.29 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 630 Charles St, Staunton, VA 24401 | Flex | 1,820 SF | 1976 | $250,000 |
| 632-634 Charles St, Staunton, VA 24401 | Retail | 10,954 SF | 1979 | - |
| 644 Greenville Ave, Staunton, VA 24401 | Retail | 3,263 SF | 1980 | - |
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LSK Plaza Portfolio Sale
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