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Sunrise Apartments in downtown Hopewell, VA is comprised of 39 fully-leased townhouses and garden-style apartments with a projected net operating income of $185,720 based on the current rental income and market expenses. The apartment underwent a recent refurbishment in 2017. Since then, the property has continued to increase rental rates and maintain high occupancy. These properties are also located along E Broadway in City Point within a few blocks of the James River, the state of the art Appomattox Regional Library, shops, and restaurants. Nearby amenities include the Petersburg National Battlefield-City Point, the Old City Point Waterfront Park, and the City Point History Museum. I-95 and I-295 are also easily accessible and provide connectivity to other destinations in Central Virginia and beyond. Hopewell is also the home of several large employers including the Honeywell Corporation, Evonik Industries, Green Plains Inc., and the WestRock Paper Mill.
DAYS ON MARKET | 182 | LAST UPDATED | 10/15/2021 |
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YEAR BUILT | 1960 | COMMUNITY | 56 - Hopewell |
COUNTY | Hopewell | STATUS | Sold |
PROPERTY TYPE(S) | Commercial |
ADDITIONAL DETAILS | |
AIR | Central Air |
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AIR CONDITIONING | Yes |
AREA | 56 - Hopewell |
CONSTRUCTION | Brick |
HEAT | Hot Water |
LOT | 1.21 acre(s) |
LOT DESCRIPTION | Level |
SEWER | Sanitary |
WATER | Public |
TOTAL MONTHLY PAYMENT
All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2024 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.
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Last Updated: 3/29/24 12:23 AM PDT
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