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    9351 East St Manassas, VA 20110

    For Sale
    $2,300,000

    Six-unit multifamily property in Old Town Manassas with development potential.

    Lot size:
    0.44 Acres

    Property Features for 9351 East St

    General Information

    Lot size
    0.44 Acres

    Building Details

    Year built
    1960

    Source: Weber Rector Commerical Real Estate Services, Inc. Agent Coleman G Rector

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Old Town Manassas Multifamily Building

    This six-unit multifamily building is located in Old Town Manassas. The property is fully leased and includes five one-bedroom, one-bathroom units and one two-bedroom, one-bathroom unit. Each unit is all-electric and separately metered. The asset generates an NOI of $95,612.96 and offers potential for future development, supported by a concept plan for two additional duplex buildings. The property is within walking distance of shops, restaurants, and community amenities. It is also near the Prince William County Courthouse and the VRE commuter station. Regional connectivity is provided via Route 28 and Route 234, offering access to I-66 and surrounding employment centers. The area's ongoing revitalization, tenant demand, and transportation options support long-term residential investment and future infill development.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Manassas
    County
    Manassas Park
    State
    Virginia
    Longitude
    -77.4704693
    Latitude
    38.7524931

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    FAQs

    What type of property is this?
    Apartment building - Six-unit multifamily property in Old Town Manassas with development potential.
    Where is this apartment building located?
    The property is located at 9351 East St Manassas, VA.
    What is the asking price?
    The asking price for this property is $2,300,000.
    What are key features of this property?
    This property features: - Stabilized 6-unit multifamily building in the heart of Old Town Manassas.; - Fully leased with a strong NOI of $95,612.96.; - Potential for future development with a concept plan for two additional duplex buildings.
    (703) 330-1224
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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
    9351 East St Manassas, VA 20110
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