2595 Waterlick RD Active

Lynchburg,VA 24502

$ 60000000

- Bed

- Bath

25000 SqFt


Key Details

Property Type Multi-Family

Sub Type Apartments

Listing Status Active

Purchase Type For Sale

Square Footage 25,000 sqft

Price per Sqft $2,400

MLS Listing ID 913986

Annual Tax Amount $200,000

Lot Size 5.000 Acres

Property Sub-Type Apartments

Property Description

The Epiphany @ Blue Ridge Commons is an exclusive enclave of 240 meticulously designed luxury apartment units that will blend sophistication with comfort. Construction and lease-up soon to begin. This community is strategically priced with a conservative 6% CAP Rate that comes in 5M under market value, positioning experienced investors with a huge upside and built in equity. Conveniently located near major highways and public transportation this community will also feature resort-style amenities with a luxury clubhouse, pool, and fitness center.

Location

State VA

County Campbell County

Area 2000 - Campbell County

Interior

Heating Heat Pump Electric

Cooling Heat Pump Electric

Exterior

Parking Features Public

Building

Sewer Public Sewer

Water Public Water

Structure Type Brick

Schools

Elementary Schools Other - See Remarks

Middle Schools Other - See Remarks

High Schools Other - See Remarks

View More
Favorite Go Tour