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319 Main St 10 Unit Apartment Building $1,982,918 CAD ($198,292 CAD/Unit) West Point, VA 23181

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Executive Summary

10-Unit Multi-Family Investment in Charming Downtown West Point Rare opportunity to acquire a well-maintained 10-unit apartment building in the heart of downtown West Point. Ideally located in a charming and walkable community near shops, dining, and the riverfront, this property benefits from exceptional rental demand due to the limited supply of apartment housing in the area. Most units have been recently renovated, each offering 2 bedrooms and 1 full bath with spacious layouts that appeal to long-term tenants. All units are individually metered for electricity, with one master water meter for easy management. Major capital improvements include a new roof, reducing future maintenance expenses. This property presents a true value-add opportunity, as current rents are under market and can be increased with minimal updates to capture the area’s strong rental demand. With stable occupancy and significant upside potential, this building is an excellent addition to any investment portfolio.

Property Facts

Price $1,982,918 CAD
Price Per Unit $198,292 CAD
Sale Type Investment
No. Units 10
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.38 AC
Building Size 8,742 SF
Average Occupancy 90%
No. Stories 2
Year Built 1986

Amenities

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Microwave
  • Washer/Dryer
  • Heating
  • Kitchen
  • Granite Countertops
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Tub/Shower
  • Attic
  • Dining Room
  • Family Room
  • Vinyl Flooring

Site Amenities

  • Individual Locking Bedrooms
  • Private Bathroom

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 10 - -

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 69A1-14-158
  • 69A1-14-157
  • 69A1 14 154
Land Assessment
$492,203 CAD
Improvements Assessment
$915,361 CAD
Total Assessment
$1,407,563 CAD
  • Listing ID: 39639428

  • Date on Market: 2026-03-03

  • Last Updated:

  • Address: 319 Main St, West Point, VA 23181

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