15 Rental Cottages on 32 Acres

Multi-Family for Sale
Catylist Listing ID: 30776296
Number of Units: 15 Units
Building Size (RSF): 9,900 SF
Gross Land Area: 32.59 SF
Sale Price: $2,650,000
Unit Price: $176,666.67 Per Unit
Property Use Type: Investment
Building Name: Woodslodge Cottages
Usable Size (USF): 9,900 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 1/7/2022

Overview / Comments

Don't miss this unique Investment Opportunity to own 15 Detached Rental Cottages nestled in the woods on 32+ acres and located between Keswick and Zions Crossroads. All units currently rented, in good condition and are at a great price point in the area for continuous occupancy. No visits allowed on site without an appointment. Woodslodge Lane is a private road and provides accesses to all the cottages off of the state highway. Units are serviced by Well, septic , private trash and Direct TV. All units have washer/dryers and most have a fireplace. The setting is peaceful and private. Excellent Investment returns.

Additional Details

Nearest MSA: Charlottesville
County: Albemarle
Taxing Authority: Fluvanna
Tax ID/APN: 1 A 6 and 1 A 6A
Zoning: A-1
Percent Occupied: 100%
Property Located Between: Keswick and Zions Crossroads
Highway Access: State Highway Beaverdam Road
Site Description: Gently rolling , almost level site mostly all wooded with mature hardwoods.
Area Description: Located between Charlottesvile (8 miles away) and Zions Crossroads (6 miles away)
Total Number of Buildings: 15
Property Condition: Good
Year Built: 1953
Construction/Siding: Wood Frame
Exterior Description: Wood Frame Cottages with wood siding
Parking Type: Surface
Parking Description: Gravel Driveways to each cottage with multiple cars parking at each Cottage
Total Parking Spaces: 45
Laundry: In Each Unit
Sprinklers: None
Heat Type: Electricity
Heat Source: Baseboard
Fuel: Electric
Air Conditioning: Window Unit
Internet Access: Satellite
Interior Description: Charming Rustic Country Cottages with Wood floors, most with Fireplaces and one level living , with decks.
Zoning Description: Agriculture 1
Water Service: Well
Sewer Type: Septic
Easements: Electric Lines
Land Ownership: Fee Simple
Legal Description: Refer to Deed Book 611-757 or Fluvanna County Tax Map ID # 1-A-6 and #1-A6A

View FullscreenMap

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 3,680 9,845
Median Age: 41.21 44.01
Households: 1,013 3,400

Contact

© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Charlottesville Area Association of REALTORS nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.