Apartment Building
For Sale
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1421 Bainbridge Street, Richmond, VA 23224
Recently developed multifamily asset with full occupancy in Richmond’s Manchester submarket.
Property Size14,782 SF
Days on Market111
Property Features for 1421 Bainbridge Street
General Information
Standard status
Active
Size
14,782 SF
Class
A
Total Parking Spaces
19
Property subtype
Multifamily, Mixed Use
Occupancy
100%
Investment Type
Core
Building Details
Year Built
2024
Buildings
2
Stories
3
Units
19
Tenancy
Single
Listing Agency:
CBRE - Richmond
Listed By:
Peyton Cox · License #VA 0225224365
Source:
Crexi
Added: May 14
Changed: Aug 31
Last Checked: Sep 1 at 11:31AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Richmond
Investment Insights
Based on property information with market context.
This apartment building portfolio encompasses 14782 square feet and was developed in 2024. The property is fully occupied at 100%, providing an established operating profile within Richmond’s Manchester submarket. The offering includes 1421 and 1422 Bainbridge Street.
Manchester places the portfolio near Old Towne Manchester, downtown employment centers, and the James River. The surrounding area includes historic adaptive-reuse projects and newer multifamily development, reflecting an active urban environment with increasing density. The properties are positioned within a neighborhood offering residents access to employment, riverfront recreation, and the established Manchester district.
Manchester places the portfolio near Old Towne Manchester, downtown employment centers, and the James River. The surrounding area includes historic adaptive-reuse projects and newer multifamily development, reflecting an active urban environment with increasing density. The properties are positioned within a neighborhood offering residents access to employment, riverfront recreation, and the established Manchester district.
Key Highlights
- 14782 SF apartment building portfolio
- Developed in 2024
- 100% occupancy
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
974
Businesses Nearby
Explore this area
Business Placement
Demographics for 23224, VA
39,468
Population
18,201
Households
2.2
Avg Household Size
33
Median Age
19%
College-Educated
80%
High-School Grad
11.6 sq mi
ZIP Area
3,402
Density / Sq Mi
$49,263
Median Household Income
$36,275
Median Earnings
$1,268
Median Rent
$189,200
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Recently developed multifamily asset with full occupancy in Richmond’s Manchester submarket.
Where is this apartment building located?
The property is located at 1421 Bainbridge Street Richmond, VA.
What are key features of this property?
This property features: 14782 SF apartment building portfolio; Developed in 2024; 100% occupancy
