425 E Broadway, Hopewell, VA 23860 (MLS # 2116646)

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PRICE $2,500,000 dsIDX morgage calculator
SIZE n/a
LOT SIZE 1.21 ac

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
YEAR BUILT 1960 COMMUNITY 56 - Hopewell
COUNTY Hopewell STATUS Sold
PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AIRCentral Air
AIR CONDITIONINGYes
AREA56 - Hopewell
CONSTRUCTIONBrick
HEATHot Water
LOT1.21 acre(s)
LOT DESCRIPTIONLevel
SEWERSanitary
WATERPublic
MORTGAGE CALCULATOR
   

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CONTACT US ABOUT 425 E BROADWAY
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Listed with One South Realty Group, LLC

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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