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Petersburg 10.5% cap rate 53-Unit Portfolio - Motivated Seller

Listing was updated on: 08/01/2019
Petersburg 10.5% cap rate 53-Unit Portfolio - Motivated Seller Petersburg 10.5% cap rate 53-Unit Portfolio - Motivated Seller Petersburg 10.5% cap rate 53-Unit Portfolio - Motivated Seller Petersburg 10.5% cap rate 53-Unit Portfolio - Motivated Seller Petersburg 10.5% cap rate 53-Unit Portfolio - Motivated Seller Petersburg 10.5% cap rate 53-Unit Portfolio - Motivated Seller Petersburg 10.5% cap rate 53-Unit Portfolio - Motivated Seller Petersburg 10.5% cap rate 53-Unit Portfolio - Motivated Seller Petersburg 10.5% cap rate 53-Unit Portfolio - Motivated Seller Petersburg 10.5% cap rate 53-Unit Portfolio - Motivated Seller Petersburg 10.5% cap rate 53-Unit Portfolio - Motivated Seller Petersburg 10.5% cap rate 53-Unit Portfolio - Motivated Seller Petersburg 10.5% cap rate 53-Unit Portfolio - Motivated Seller Petersburg 10.5% cap rate 53-Unit Portfolio - Motivated Seller Petersburg 10.5% cap rate 53-Unit Portfolio - Motivated Seller Petersburg 10.5% cap rate 53-Unit Portfolio - Motivated Seller Petersburg 10.5% cap rate 53-Unit Portfolio - Motivated Seller Petersburg 10.5% cap rate 53-Unit Portfolio - Motivated Seller Petersburg 10.5% cap rate 53-Unit Portfolio - Motivated Seller Petersburg 10.5% cap rate 53-Unit Portfolio - Motivated Seller Petersburg 10.5% cap rate 53-Unit Portfolio - Motivated Seller Petersburg 10.5% cap rate 53-Unit Portfolio - Motivated Seller Petersburg 10.5% cap rate 53-Unit Portfolio - Motivated Seller Petersburg 10.5% cap rate 53-Unit Portfolio - Motivated Seller Petersburg 10.5% cap rate 53-Unit Portfolio - Motivated Seller Petersburg 10.5% cap rate 53-Unit Portfolio - Motivated Seller Petersburg 10.5% cap rate 53-Unit Portfolio - Motivated Seller Petersburg 10.5% cap rate 53-Unit Portfolio - Motivated Seller Petersburg 10.5% cap rate 53-Unit Portfolio - Motivated Seller Petersburg 10.5% cap rate 53-Unit Portfolio - Motivated Seller Petersburg 10.5% cap rate 53-Unit Portfolio - Motivated Seller Petersburg 10.5% cap rate 53-Unit Portfolio - Motivated Seller Petersburg 10.5% cap rate 53-Unit Portfolio - Motivated Seller Petersburg 10.5% cap rate 53-Unit Portfolio - Motivated Seller Petersburg 10.5% cap rate 53-Unit Portfolio - Motivated Seller Petersburg 10.5% cap rate 53-Unit Portfolio - Motivated Seller Petersburg 10.5% cap rate 53-Unit Portfolio - Motivated Seller Petersburg 10.5% cap rate 53-Unit Portfolio - Motivated Seller Petersburg 10.5% cap rate 53-Unit Portfolio - Motivated Seller Petersburg 10.5% cap rate 53-Unit Portfolio - Motivated Seller Petersburg 10.5% cap rate 53-Unit Portfolio - Motivated Seller Petersburg 10.5% cap rate 53-Unit Portfolio - Motivated Seller Petersburg 10.5% cap rate 53-Unit Portfolio - Motivated Seller Petersburg 10.5% cap rate 53-Unit Portfolio - Motivated Seller Petersburg 10.5% cap rate 53-Unit Portfolio - Motivated Seller Petersburg 10.5% cap rate 53-Unit Portfolio - Motivated Seller Petersburg 10.5% cap rate 53-Unit Portfolio - Motivated Seller Petersburg 10.5% cap rate 53-Unit Portfolio - Motivated Seller Petersburg 10.5% cap rate 53-Unit Portfolio - Motivated Seller Petersburg 10.5% cap rate 53-Unit Portfolio - Motivated Seller Petersburg 10.5% cap rate 53-Unit Portfolio - Motivated Seller

Property Overview

Price/Rent PSF Inquire
Asset Type Multifamily
Trade Type Sale
SQ. FT. Available 97,265
Date Available 08/01/2019
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Description

Location
53 Properties located throughout Historic Downtown Petersburg and residential neighborhoods in the city.

Sale
Portfolio of 53 Properties sold individually, in group(s) or together and located throughout Historic Downtown Petersburg and residential neighborhoods in the city; including 12 multi-family, 37 single-family, 2 commercial and 2 vacant lots. NOI is currently $417,448 with opportunity to add value as Va. State University, federal military bases and nearby industry provide a stable and growing tenant base and opportunity to increase rents with mostly cosmetic improvementsand landscaping. While properties were renovated at some point, tenants occupy them and most need some updating and/or cosmetic repair.

Location

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