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132 Mesa Ln - Holston View Apartments

52 Unit Apartment Building Offered at £4,576,200 at a 5.63% Net Initial Yield in Bristol, VA 24201

Investment Highlights

  • 52 Units located within a ten minute drive to Hard Rock Hotel and Casino

Executive Summary

52 Units located within a ten minute drive to Hard Rock Hotel and Casino

Attachments

Holston View OM

Data Room Click Here to Access

Financial Summary (Pro forma - 2024) Click Here to Access

Annual Annual Per SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $99,999 $9.99

Financial Summary (Pro forma - 2024) Click Here to Access

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual -
Annual Per SF -
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price £4,576,200
Price Per Unit £88,004
Sale Type Investment
Net Initial Yield 5.63%
No. Units 52
Property Type
Residential
  • Apartment Buildings
Apartment Style Low Rise
Building Class C
Lot Size 7.35 AC
Building Size 44,833 SF
Average Occupancy 87%
Number of Floors 3
Year Built 1939
Parking Ratio 0.94/1,000 SF

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
2+1 23 - -
2+2 23 - -
3+1 4 - -
Studios 2 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
17-5-1
Land Assessment
£140,758
Improvements Assessment
£311,418
Total Assessment
£452,176
  • Listing ID: 33343893

  • Date on Market: 28/09/2024

  • Last Updated:

  • Address: 132 Mesa Ln, Bristol, VA 24201

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