Contacts

Newton Carroll

Joyner Commercial

(804) 439-3813

Property Details

Property Type Multi-Family
Property Size 6,484 SF
Units 4
Lot Size 0.2 Acre
Date Updated Apr 8, 2024

17.58x88-n0000466033, 19.33x88-n0000466034, 19.08x88-n0000466035, 20.46x88.17-n0000466036, 2033x88-n0000466037Outstanding development opportunity in the rental rich area of VCU. With the potential for a profitable apartment building, make this your next project. This development/multi-family opportunity consists of 4 rental properties and 1 buildable lot. Each home has 3 bedrooms, 1.5 bathrooms with a washer/dryer in each home and 2 off-street parking spaces. Though these homes have the potential for value adds and premium rents, it is a RARE thing to find an opportunity to have 5 contiguous lots in a rental rich environment like the VCU area, particularly behind the Siegel Center, with parking. Highest and best use would be a 4 level multi-unit apartment building. Make this your signature development project for 2024. Seller will NOT sell properties individually.

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Highlights

This package deal includes 4 Units with 3 Bedroom, 1 and 1/2 bath homes
0.04 AC buildable lot in the Carver Neighborhood.
Off-street parking
3 of the 4 homes are rented with 1128 W. Marshall being vacant
This is a rare opportunity to gain market share in a well established and continuously growing rental market as well as the development potential.

Getting around

96/100
Walk Score ®
55/100
Transit Score ®
84/100
Bike Score ®

Powered by Walk Score ®

City Richmond, VA
Neighborhood Carver
Zip Code 23220
Market Richmond Tidewater

Points of Interest

Richmond Main Street

1.74 miles
AR Cab Service

4.36 miles
Richmond Staples Mill Road

5.16 miles

Kroger

0.26 miles
Citgo

0.44 miles
Mobil

0.65 miles
Shell

0.82 miles
BP

0.88 miles
Exxon

0.97 miles
Exxon

1.08 miles
Exxon

1.22 miles
Fleet Fueling

1.25 miles
7-Eleven

1.27 miles

VCU - AR Extension Lot

0.04 miles
VCU - AR Lot

0.05 miles
West Broad Street Parking Deck

0.11 miles
VCU - HB Lot

0.11 miles
Bowe Street Parking Deck

0.19 miles
Broad and Belvidere Parking Deck

0.26 miles
Laurel & Grace Place

0.27 miles
VCU - QQ Lot

0.32 miles
VCU - EE Lot

0.35 miles
VCU Henry Street Parking Deck - West

0.40 miles

Graduate Richmond

0.56 miles
Quirk Hotel

0.57 miles
The Jefferson Hotel

0.65 miles
Linden Row Inn

0.81 miles
HI Richmond Hostel

0.88 miles
Holiday Inn Express Richmond - Downtown

0.93 miles
The Massad House Hotel

1.00 miles
Richmond Marriott

1.03 miles
Richmond Motel

1.04 miles
Hilton Richmond Downtown

1.04 miles

Urban Farmhouse VCU

0.24 miles
Whole Foods Market

0.66 miles
Blue Nile Market

0.73 miles
Fine Food Market

0.74 miles
Robinson Street Market

1.12 miles
ALDI

1.21 miles
Oaxaca Latin Grocery Store

1.39 miles
Tokyo Market

1.44 miles
Patterson Mini-Market

1.47 miles
Stella's Grocery

1.71 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

1122-1130 W. Marshall St.