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Multifamily

Colonial Court Townhomes

900 E Westover Ave, Colonial Heights, VA 23834

Listing Price: $5,400,000

Cap Rate
5.58%
Number of Units
64
Price/Unit
$84,375
Price/Gross SF
$105.47
Gross SF
51,200

Investment Overview

The property consists of sixty-four units across thirteen two-story buildings constructed in 1945 and situated on +/- 4.99 acres. The property’s prime location provides tenants direct access to numerous restaurants, retail, entertainment, and shopping. The property also provides quick access to downtown Richmond.

Investment Highlights

  • 64 Units: All 2 Bedroom & 1 Bathroom
  • 0.9 Miles from Southpark Mall
  • 2.0 Miles from Virginia State University
  • Easy Access to I-95 and Route 301

Exclusively Listed By

Listing Price: $5,400,000

Cap Rate
5.58%
Number of Units
64
Price/Unit
$84,375
Price/Gross SF
$105.47
Gross SF
51,200

Investment Highlights

  • 64 Units: All 2 Bedroom & 1 Bathroom
  • 0.9 Miles from Southpark Mall
  • 2.0 Miles from Virginia State University
  • Easy Access to I-95 and Route 301

Investment Overview

The property consists of sixty-four units across thirteen two-story buildings constructed in 1945 and situated on +/- 4.99 acres. The property’s prime location provides tenants direct access to numerous restaurants, retail, entertainment, and shopping. The property also provides quick access to downtown Richmond.

Exclusively Listed By

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