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$ 60,000,000
Est. payment /mo
Active
2595 Waterlick RD Lynchburg, VA 24502
25,000 SqFt
UPDATED:
01/31/2025 04:42 PM
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
Listed by DIVINE FOG REALTY COMPANY LLC- ROANOKE