138 Wesley Dr Danville, VA 24540
Property Features for 138 Wesley Dr
General Information
- Lot size
- 3.89 Acres
- Exterior features
- exterior_features, : ["300-500", "500-750"]
- Interior features
- Interior Feature 1, : "Heat Pump"
Source: WILKINS & CO.
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Apartment Buildings Portfolio For Sale
This portfolio includes 7 apartment buildings situated on 3.89 acres, comprising a total of 80 apartments. The unit mix consists of 74 two-bedroom apartments and 6 one-bedroom apartments. Specifically, six of the buildings contain 11 two-bedroom apartments and 1 one-bedroom apartment each. One building, identified as Unit #147, features 8 two-bedroom apartments and a laundry room located on the lower level. Each building has 3,720 square feet on each of its three levels, resulting in approximately 71,000 square feet of finished space across all buildings. Rent was increased in December 2023 to $750 for the 2-bedroom units and $675 for the 1-bedroom units for new tenants.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Danville
- County
- Danville
- State
- Virginia
- Longitude
- -79.391903
- Latitude
- 36.6323843
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Portfolio of 7 apartment buildings with 80 units.
Where is this apartment building located?
The property is located at 138 Wesley Dr Danville, VA.
What is the asking price?
The asking price for this property is $5,200,000.
What are key features of this property?
This property features: - Strong Cash Flow: Review the available 3-year statements (2023, 2024, and 8 months of 2025).; - Significant Rental Income: This property features 80 apartments, 74 two-bedroom units and 6 one-bedroom units.; - Recent Rent Increase: Increased rent to $750 for 2BR and $675 for 1BR units in December 2023.