9-UNIT RENTAL CONDO PORTFOLIO - all in one complex.
5204E, 5232C, 5226D, 5222E, 5222F, 5210F, 5202C, 5208D, 5206E Castlewood Rd - 9-unit debt free rental condo portfolio in the popular Tree Top Condominium, N Chesterfield. Eight condos are 2bedroom/1bath units with identical floor plans and one is a 3 bedroom/1.1 baths unit. All units have great open floor plans, vaulted ceilings, and large balconies. Three units are currently vacant and six are tenant-occupied with leases available upon request. Tenants want to stay if possible. All 9 can be either sold as one package or split into two packages of 5 and 4. The condos will NOT be sold individually. Info sheet with PIDs, rents, improvements, etc is in the attachments and also available upon request. Units 5204E, 5222F & 5210F are vacant, have been just updated, and can be shown at any time. The rest are tenant-occupied, please do NOT disturb the tenants. Most of the units have updated HVACs, some have replacement vinyl windows, new kitchen, new or newer appliances, updated bathrooms and light fixtures. Truly a rare opportunity to own a large rental portfolio, all in one popular complex. The deficit of affordable rentals is growing and demand is increasing due to the low supply, high prices and interest rates. Located close to downtown Richmond, this rare rental opportunity is not to be missed!
Date | Event | Price | $/Sqft | Source |
---|---|---|---|---|
Listed For Sale | $1,140,000 | Joyner Fine Properties |
Elementary School Bensley Elementary | 1 miles away | PK - 05 | |
Middle School Falling Creek Middle | 1 miles away | 06 - 08 | |
Pre-Kindergarten Specialized Programs - Headstart | 1 miles away | PK - PK |