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Multifamily

LaBrook & Ridge View

1901 Whitcomb St, Richmond, VA 23223

Listing Price: $4,000,000

Cap Rate
5.06%
Number of Units
82
Price/Unit
$48,780
Price/Gross SF
$66.01
Gross SF
60,597

Investment Overview

The portfolio consists of eighteen (18) one-bedroom one-bathroom units and sixty-four (64) two-bedroom one-bathroom units in nine two-story buildings constructed between 1966-1974 and situated on a combined +/- 3.27 acres. The property’s prime location provides tenants direct access to numerous restaurants, retail, entertainment, shopping, and the city’s top employers including Capital One Financial Corp., Virginia Commonwealth University, and Dominion Virginia Power.

Investment Highlights

  • Close Proximity to Downtown Richmond
  • Walking Distance to Numerous Restaurants and Downtown Entertainment Destinations
  • 2 Miles Away from The James River
  • 2.3 Miles from Virginia Commonwealth University
  • 8.6 Miles from Richmond International Airport
  • Easy Access to I-64, I-95, Mechanicsville Tpke & Midlothian Tpke

Exclusively Listed By

Listing Price: $4,000,000

Cap Rate
5.06%
Number of Units
82
Price/Unit
$48,780
Price/Gross SF
$66.01
Gross SF
60,597

Investment Highlights

  • Close Proximity to Downtown Richmond
  • Walking Distance to Numerous Restaurants and Downtown Entertainment Destinations
  • 2 Miles Away from The James River
  • 2.3 Miles from Virginia Commonwealth University
  • 8.6 Miles from Richmond International Airport
  • Easy Access to I-64, I-95, Mechanicsville Tpke & Midlothian Tpke

Investment Overview

The portfolio consists of eighteen (18) one-bedroom one-bathroom units and sixty-four (64) two-bedroom one-bathroom units in nine two-story buildings constructed between 1966-1974 and situated on a combined +/- 3.27 acres. The property’s prime location provides tenants direct access to numerous restaurants, retail, entertainment, shopping, and the city’s top employers including Capital One Financial Corp., Virginia Commonwealth University, and Dominion Virginia Power.

Exclusively Listed By

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