2595 Waterlick RD Active

Lynchburg,VA 24502

$ 60000000

- Bed

- Bath

25000 SqFt


Key Details

Property Type Multi-Family

Sub Type Apartments

Listing Status Active

Purchase Type For Sale

Square Footage 25,000 sqft

Price per Sqft $2,400

MLS Listing ID 913986

Construction Status Under Construction

Annual Tax Amount $200,000

Lot Size 5.000 Acres

Acres 5.0

Property Sub-Type Apartments

Property Description

The Epiphany @ Blue Ridge Commons is an exclusive enclave of 240 meticulously designed luxury apartment units that will blend sophistication with comfort. Construction and lease-up soon to begin. This community is strategically priced with a conservative 6% CAP Rate that comes in 5M under market value, positioning experienced investors with a huge upside and built in equity. Conveniently located near major highways and public transportation this community will also feature resort-style amenities with a luxury clubhouse, pool, and fitness center.

Location

State VA

County Campbell County

Area 2000 - Campbell County

Rooms

Basement Slab

Interior

Heating Heat Pump Electric

Cooling Heat Pump Electric

Exterior

Parking Features Public

Building

Sewer Public Sewer

Water Public Water

Structure Type Brick

Construction Status Under Construction

Schools

Elementary Schools Other - See Remarks

Middle Schools Other - See Remarks

High Schools Other - See Remarks

Others

Tax ID TBD

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