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228 W. Broad Street 228 W Broad St 3 Unit Apartment Building $1,496,561 CAD ($498,854 CAD/Unit) 5.94% Cap Rate Richmond, VA 23220
Executive Summary
Mixed-Use asset with one suite and three apartments one levels two and three. Stabilized rent roll. Art Gallery tenant is entering over twenty four
of tenancy. Room to push rents to market on apartment renewals and commercial lease has 5% increases year over year. Great location in VCU
submarket. Excellent condition with recent renovation of apartment one.
of tenancy. Room to push rents to market on apartment renewals and commercial lease has 5% increases year over year. Great location in VCU
submarket. Excellent condition with recent renovation of apartment one.
Property Facts
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Washer/Dryer
- Eat-in Kitchen
- Hardwood Floors
- Refrigerator
- Range
- Views
- Skylights
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 3 | - | - |
1 1
Moderately walkable
70/100
Moderately drivable
60/100
Good public transit
70/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | N000-0140-029 | Improvements Assessment | $658,487 CAD |
| Land Assessment | $421,758 CAD | Total Assessment | $1,080,245 CAD |
Property Taxes
Parcel Number
N000-0140-029
Land Assessment
$421,758 CAD
Improvements Assessment
$658,487 CAD
Total Assessment
$1,080,245 CAD
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228 W. Broad Street | 228 W Broad St
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