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79 Rdg Ridgemont Cir Collinsville, VA 24078

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Sponsored
For Sale
$625,000

Multi-Family - Collinsville, VA

Type:Multi Family
Days on Market:
2
Last Refresh:
Mar 21 at 1:06 am

Property Features for 79 Rdg Ridgemont Cir

General Information

Property type
Residential Multi Family
Property subtype
Multi Family
Standard status
Active

Building Details

Year built
1984
Floors in Building
2
Architectural style
Other

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Listing Contact
Elle Wilk

Southern Virginia Properties

Listing agent Elle Wilk

Listing date Mar 20, 2026

MLS# 149946 Listing URL

Copyright © 2026 Martinsville, Henry, Patrick Counties 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.

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Property Insight Report

Overview

Renovated Apartments in Collinsville, VA

This is an 8-unit apartment building located in a private setting in Collinsville, Henry County, VA. Each unit features one bedroom and one bath. The apartments have been newly renovated with luxury vinyl plank flooring, fresh paint, and new fixtures. According to the previous owner, the roof was replaced in 2022-2023. The property includes an income-producing laundry room. Schools, shopping, a hospital, and two colleges are located within 10 miles of the property. The location allows for an easy commute north to Roanoke (45 min drive), south to Greensboro, NC (1 hr drive) and east to Danville, VA (30 min). The units are currently vacant as renovations are being completed. The listed income is based on a projected rent of $750 per unit, totaling $72,000 annually. Minimal expenses, including real estate taxes, insurance, PSA water & sewer, and dumpster service, are estimated at approximately $10,000 per year. The lot size, rents, and expenses are estimated and should be verified by the buyer.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Apartment buildings

Map

City
Collinsville
County
Henry
State
Virginia
Longitude
-79.9089
Latitude
36.7305

FAQs

What type of property is this?
Apartment building - Newly renovated 8-unit apartment building in a private setting.
Where is this apartment building located?
The property is located at 79 Rdg Ridgemont Cir Collinsville, VA.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: - Newly renovated 8-unit apartment building with projected annual income of $72,000.; - Low estimated annual expenses of approximately $10,000.; - Recent renovations include **luxury vinyl plank flooring, fresh paint, and new fixtures.**
More about this property
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