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Sky White Apartments 406 N Loudoun St 14 Unit Apartment Building $2,373,064 CAD ($169,505 CAD/Unit) 7.65% Cap Rate Winchester, VA 22601

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INVESTMENT HIGHLIGHTS

  • 14 UNITS, GOOD CONDITION, 1 BLOCK FROM WALKING MALL, OLD TOWN WINCHESTER
  • BELOW MARKET RENTS, CURRENTLY NOI OF $130K NOI
  • SEPARATE ELECTRIC WITH GAS, WATER/SEWER REIMBURSEMENT

EXECUTIVE SUMMARY

14 UNIT APARTMENT BUILDING, OLD TOWN WINCHESTER! PRIVATE PARKING FOR 15 VEHICLES! Very rarely does this come around, actual multifamily density within ONE BLOCK of the Walking Mall! All units in good condition. All SEPARATELY METERED ELECTRIC, Tenants reimburse Landlord on gas, water/sewer. History of stable, long term tenants. NOI $130K+. Asking $1.7M. Pictures are all current, P&L and rent roll will be provided before showings are scheduled. Qualified buyers only.

PROPERTY FACTS

Price $2,373,064 CAD
Price Per Unit $169,505 CAD
Sale Type Investment
Cap Rate 7.65%
No. Units 14
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.25 AC
Building Size 10,000 SF
Average Occupancy 100%
No. Stories 3
Year Built 1900
Opportunity Zone Yes
Zoning HR

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Kitchen

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 14 - -
Walk Score®
Walker's Paradise (90)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
173-01-L-3
Land Assessment
$94,674 CAD
Improvements Assessment
$975,354 CAD
Total Assessment
$1,070,028 CAD
  • Listing ID: 36181741

  • Date on Market: 2025-06-10

  • Last Updated:

  • Address: 406 N Loudoun St, Winchester, VA 22601

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