79 Ridgemont Circle Collinsville, VA 24078
- Added:
- Mar 21, 2026
- Days on Market:
- 19
- Last Refresh:
- Apr 8 at 10:06 am
Property Features for 79 Ridgemont Circle
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
Listing agent Elle Wilk (276) 299-2166
Listing office Southern Virginia Properties P.O. Box 3093, Martinsville, VA (276) 299-2166
Listing date Mar 21, 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.
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
Location Insight
- Map
- Local Demand
- City
- Collinsville
- County
- Henry
- State
- Virginia
- Longitude
- -79.9204423
- Latitude
- 36.7021924
Nearby Similar for Sale
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 Ridgemont Circle 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.**
