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Address Not Available By Request

Hopewell, VA 23860
  • $2,600,000
  • STATUS: Active
  • ON SITE: 16 days
  • ID#: 2116646
UPDATED: 31 min ago
$2,600,000
  • 0
    BEDS
  • 1.21
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1960
County:

School Ratings & Info

Description

Sunrise Apartments in downtown Hopewell, VA is comprised of 39 fully-leased townhouses and garden-style apartments with a projected net operating income of $185,720 based on the current rental income and market expenses. The apartment underwent a recent refurbishment in 2017. Since then, the property has continued to increase rental rates and maintain high occupancy. These properties are also located along E Broadway in City Point within a few blocks of the James River, the state of the art Appomattox Regional Library, shops, and restaurants. Nearby amenities include the Petersburg National Battlefield-City Point, the Old City Point Waterfront Park, and the City Point History Museum. I-95 and I-295 are also easily accessible and provide connectivity to other destinations in Central Virginia and beyond. Hopewell is also the home of several large employers including the Honeywell Corporation, Evonik Industries, Green Plains Inc., and the WestRock Paper Mill.

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All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are © 2021 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2021-06-21T06:57:10.973.
www.belltowerteam.com/homes/117898503
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Address Not Available By Request Hopewell, VA 23860

  • Price: $2,600,000
  • Status: Active
  • Updated: 31 min ago
  • ID#: 2116646
0
Beds
0
Baths
0
½ Baths
1.21
Acres
1960
Built
Neighborhood:
56 - Hopewell
County:
Hopewell
Area:
56 - Hopewell
Property Description
Sunrise Apartments in downtown Hopewell, VA is comprised of 39 fully-leased townhouses and garden-style apartments with a projected net operating income of $185,720 based on the current rental income and market expenses. The apartment underwent a recent refurbishment in 2017. Since then, the property has continued to increase rental rates and maintain high occupancy. These properties are also located along E Broadway in City Point within a few blocks of the James River, the state of the art Appomattox Regional Library, shops, and restaurants. Nearby amenities include the Petersburg National Battlefield-City Point, the Old City Point Waterfront Park, and the City Point History Museum. I-95 and I-295 are also easily accessible and provide connectivity to other destinations in Central Virginia and beyond. Hopewell is also the home of several large employers including the Honeywell Corporation, Evonik Industries, Green Plains Inc., and the WestRock Paper Mill.
Exterior Features

Construction Materials Brick Lot Features Level Road Frontage Type City Street Roof AsphaltFlat Topography Level

Interior Features

Basement YN No Building Area Total 24514 Cooling Central Air Cooling YN Yes Heating Hot Water Heating YN Yes

Property Features

Property Condition Average Condition Sewer Sanitary Tax Lot 6 Water Source Public Zoning Description B-1

Listing courtesy of One South Realty Group, Llc. Listing information © 2021 CVRMLS and CBRAR.


All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are © 2021 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2021-06-21T06:57:10.973.
 
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