Multifamily
Sycamore Apartments
7137 Merrimac Trail, Williamsburg, VA 23185
Listing Price: $2,150,000
Cap Rate
6.54%
Number of Units
15
Price/Unit
$143,333
Price/Gross SF
$325.76
Gross SF
6,600
Investment Overview
7137 & 7141 Merrimac Trail has fifteen units across two, one-story buildings. The property was built in 1975. There are ten studio units, two one-bedroom, one-bathroom units, one two-bedroom, one-bathroom unit and two two-bedroom, two-bathroom units.
Exclusively Listed By
Listing Price: $2,150,000
Cap Rate
6.54%
Number of Units
15
Price/Unit
$143,333
Price/Gross SF
$325.76
Gross SF
6,600
Investment Highlights
- Easy Access to I-64, I-664, I-264 and Hampton Roads Bridge Tunnel
- Immediate Organic Rent Growth Opportunity
- Walking Distance to Retail, Restaurants and Entertainment
Investment Overview
7137 & 7141 Merrimac Trail has fifteen units across two, one-story buildings. The property was built in 1975. There are ten studio units, two one-bedroom, one-bathroom units, one two-bedroom, one-bathroom unit and two two-bedroom, two-bathroom units.
Exclusively Listed By
