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398 E Market St

4 Unit Block of Flats For Sale Harrisonburg, VA 22801

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Investment Highlights

Rawley Apartments is a 4-unit multi-family home / 4-plex with some fire damage from Dec. 2022
Highly desirable off-street parking
Corner of E Market St and Myrtle St in the City of Harrisonburg

Located in a designated qualified Opportunity Zone Great location 1 mile from James Madison University and 8 miles from Bridgewater College
Detached garage

Executive Summary

Available at Auction: Wednesday, October 9, 2024 at 12:30pm. Live Auction held off-site at Courtyard by Marriott- Harrisonburg 1890 Evelyn Byrd Avenue, Harrisonburg, VA 22801. Online and phone bidding also available.

Property Facts Under Contract

Sale Type	Investment	Building Size	3,830 SF
No. Units	4	Average Occupancy	0%
Property Type	Residential	Number of Floors	2
Property Subtype	Apartment General Retail Storefront Retail/Residential Office Office Residential	Year Built	1918
Building Class	C	Parking Ratio	1.31/1,000 SF
Lot Size	0.27 AC	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Sale Type	Investment
No. Units	4
Property Type	Residential
Property Subtype	Apartment General Retail Storefront Retail/Residential Office Office Residential
Building Class	C
Lot Size	0.27 AC
Building Size	3,830 SF
Average Occupancy	0%
Number of Floors	2
Year Built	1918
Parking Ratio	1.31/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.