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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.

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

Exclusively Listed By

Multifamily

Sycamore Apartments

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

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