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    2595 Waterlick Rd Lynchburg, VA 24502

    For Sale
    Contact for pricing

    Apartments - Lynchburg, VA

    Lot size:
    5.00 Acres
    Days on Market:
    311
    Last Refresh:
    Dec 7 at 7:06 am

    Property Features for 2595 Waterlick Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Lot size
    5.00 Acres

    Utilities

    Heating system
    Electric (Heating), Heat Pump (Heating)
    Cooling system
    Electric, Heat Pump

    Building Details

    Number of units
    240
    Building materials
    Brick
    Architectural style
    Other

    Divine Fog Realty Company (434) 237-3777 [email protected]

    Listing agent SCOTTIE BOOKER (540) 725-7777

    Listing date Jan 31, 2025

    MLS# 913986 Listing URL

    Copyright © 2025 Roanoke Valley Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Luxury Apartments in Lynchburg, VA

    The Epiphany @ Blue Ridge Commons features 240 luxury apartment units designed to blend sophistication with comfort. Construction and lease-up are scheduled to begin soon. The community is strategically priced with a conservative 6% CAP Rate. It is located near major highways and public transportation. The property, situated on a 5-acre lot, will also feature resort-style amenities, including a luxury clubhouse, pool, and fitness center. The property is located at 2595 Waterlick RD, Lynchburg, VA 24502.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lynchburg
    County
    Lynchburg
    State
    Virginia
    Longitude
    -79.232265
    Latitude
    37.326904

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    FAQs

    What type of property is this?
    Apartment building - 240 luxury apartment units with resort-style amenities. Construction to begin.
    Where is this apartment building located?
    The property is located at 2595 Waterlick Rd Lynchburg, VA.
    What is the asking price?
    The asking price for this property is $60,000,000.
    What are key features of this property?
    This property features: - Strategically priced at 5M under market value with a conservative 6% CAP Rate, offering significant upside for investors.; - Exclusive community of 240 meticulously designed luxury apartment units.; - Convenient location near major highways and public transportation.
    (540) 725-7777
    Request Owner's contact information
    2595 Waterlick Rd Lynchburg, VA 24502
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    Lynchburg, VA 24502
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2595 Waterlick Rd Lynchburg, VA 24502
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