Excellent investment opportunity in Blacksburg! Built in 2016 this property is in excellent condition with all the best finishes and will be sold fully furnished. The 13 unit building is currently used as an extended stay with great income history. The opportunity exists to rent these units for typical 12 month terms and achieve approximately the same CAP rate. The lower level is home to a management office and garage parking for residents. 2500 gallon water tanks also housed in the lower level capture building runoff and it is filtered prior to use for non-potable water uses by the residents making this an eco friendly building and lowering operating costs. This is a low maintenance building and an easy to operate business!
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
