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Petersburg, 10.5% Cap Rate Portfolio of 50 Properties | Petersburg VA | 6081049276

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Petersburg, 10.5% Cap Rate Portfolio of 50 Properties

Location:
Petersburg, VA
Description:

10.5% Cap Rate Portfolio of 50 Properties located in Downtown Petersburg area and including 12 multi-family, 37 single-family, 2 commercial and 1 vacant lot at Va. State University, Fort Lee military base, multiple industrial companies, such as tobacco companies, Walmart distribution and Amazon.com in neighboring Dinwiddie County provide a stable and growing tenant base and opportunity to increase rents with improved market conditions, increased rental population and investment in property shell, systems, new kitchens, baths and miscellaneous upgrades. Petersburg is located on the Interstate 95 corridor is experiencing rapid population growth and development. With existing Amtrak daily northeast regional connection and the planned east coast light-rail system Petersburg is more accessible and an affordable option. sold 'as is'
Property Type:
Property For Rent
Posted:
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Petersburg, 10.5% Cap Rate Portfolio of 50 Properties is a Property for Rent in Petersburg VA. Find other listings like Petersburg, 10.5% Cap Rate Portfolio of 50 Properties by searching Oodle Classifieds for Property for Rent in Petersburg VA.