Apartment Project with Ground-Floor
15 W 7th St Richmond, VA 23224
15 W 7th St, Richmond, VA, 23224
Contact for pricing
For Sale
Contact for pricing
Pending
Entitled 173-unit apartment project with 3,500 sf ground-floor retail and two-story below-grade parking.
Days on Market101
Property Features for 15 W 7th St
General Information
- Standard status
- Pending
- Property subtype
- Multifamily
Listing agency
Colliers - San Francisco, California
(310) 200-7676
Listed by
Jeremy Thornton · License #CA 01724542
Source
Crexi
Added: Apr 12 Updated: Jul 21 at 1:40AM Checked: Jul 21 at 8:15AM
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 Colliers - San Francisco, California
Investment Insights
Based on property information with market context.
The development is an entitled 173-unit apartment project with 3,500 square feet of ground-floor retail. The planned structure includes 2-story below-grade parking, with vertical construction expected to commence in December 2021 and projected delivery of the first units in February 2023. The site is scheduled for land acquisition to close in September 2021, followed by site work shortly thereafter.
Located at 15 W 7th St in Richmond, Virginia’s Manchester neighborhood, the project is described as being in close proximity to the downtown core. The site is within a Qualified Opportunity Zone. According to the project materials, the total development cost is $41,613,000, including the retail component.
Located at 15 W 7th St in Richmond, Virginia’s Manchester neighborhood, the project is described as being in close proximity to the downtown core. The site is within a Qualified Opportunity Zone. According to the project materials, the total development cost is $41,613,000, including the retail component.
Key Highlights
- Fully entitled for a 173‑unit apartment project with 3,500 SF of ground‑floor retail in Richmond, VA (Manchester neighborhood).
- Includes two‑story below‑grade parking as part of the development plan.
- Land acquisition scheduled to close in September 2021, with site work to begin shortly after closing.
Property Analytics
Location Intelligence
Current Use by Public Records
Commodore - Contemporary Urban ...
Real Estate Agency
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Entitled 173-unit apartment project with 3,500 sf ground-floor retail and two-story below-grade parking.
Where is this apartment building located?
The property is located at 15 W 7th St Richmond, VA.
What are key features of this property?
This property features: Fully entitled for a 173‑unit apartment project with 3,500 SF of ground‑floor retail in Richmond, VA (Manchester neighborhood).; Includes two‑story below‑grade parking as part of the development plan.; Land acquisition scheduled to close in September 2021, with site work to begin shortly after closing.