Woodstock Terrace Apartments 1 Multifamily Properties Offered at $7,251,244 CAD in Winchester, VA

This 24-unit multifamily asset represents a classic value-add opportunity within a high-demand rental submarket. Comprising entirely of identical 2-bedroom, 1-bathroom floor plans, the property offers operational simplicity, streamlined maintenance, and significant economies of scale.
As a Class C property, the asset features durable, low-maintenance finishes and stable, long-term occupancy. It is ideally positioned to cater to the area’s workforce housing demographic, providing a resilient tenant base and consistent cash flow.
Key Highlights
100% Floor Plan Uniformity: The identical 2BR/1BA layout across all 24 units drastically reduces turnover costs, standardizes turn materials (flooring, paint, appliances), and simplifies property management.
Proven Value-Add Potential: Current rents sit below market averages. A programmatic interior renovation strategy—updating flooring, installing modern fixtures, and refreshing cabinetry—will allow a new owner to capture immediate rental upside.
Strong Workforce Housing Demand: Situated near major employment hubs, public transit, and essential retail, this property meets the critical demand for affordable, functional family housing.24 apartment units located within 2 buildings. Lots of upgrades made within the last few years to include siding, paving, HVAC, flooring etc., Assumable loan is in place $2,670.000 at 5.88%. Owner will possibly hold a note for 20% to very qualified buyers.