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Brick Quadplex Apartment Community

193-221 Cedar Cove Lane Spout Spring, VA 24593

193-221 Cedar Cove Lane, Spout Spring, VA, 24593
$1,200,000
For Sale
$1,200,000

Twelve-unit multifamily community with private entrances, all-electric heating and air, and separately metered electricity.

Property Size13,200 SF
Lot Size2.00 Acres
Price / SF$90.91
Days on Market28

Property Features for 193-221 Cedar Cove Lane

General Information

Standard status
Active
Size
13,200 SF
Lot size
2.00 Acres
Property subtype
Multi-Family / Multi-Family

Building Details

Year Built
1970
Listing agency Gentry Commercial Real Estate Inc
Listed by Nat Perrow · License #0225198366
Source Compass
Added: Jun 24 Updated: Jul 21 at 6:17AM Checked: Jul 21 at 6:17AM

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 Gentry Commercial Real Estate Inc


Investment Insights

Based on property information with market context.

Village Square Apartments is a twelve-unit multifamily investment in Appomattox County, set on two acres and arranged across three well-maintained brick quadplexes. Each unit features its own private entrance and includes two bedrooms, one full bath, and a large living room.

The apartments are separately metered for electricity and have all-electric heating and air conditioning. The landlord provides a shared dumpster for trash removal, along with a house meter that supports exterior lighting and water supply.

The property sits on a gentle hilltop elevation, offering a sunny setting with countryside views. It is conveniently located on Cedar Cove Lane just off Rt 460, with proximity to the Town of Appomattox and a quick drive from Lynchburg.

Key Highlights

  • 12‑unit multifamily community (Village Square Apartments) on 2 acres in Appomattox County
  • Three brick quadplexes with ample parking, each unit with its own private entrance
  • Units are 2 bedrooms and 1 full bath with a large living room

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Auto Repair Shop Veterinary Clinic Skin Care Clinic (Bike/Boat/Book/etc) Store Discount Store

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

FAQs

What type of property is this?
Apartment building - Twelve-unit multifamily community with private entrances, all-electric heating and air, and separately metered electricity.
Where is this apartment building located?
The property is located at 193-221 Cedar Cove Lane Spout Spring, VA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 12‑unit multifamily community (Village Square Apartments) on 2 acres in Appomattox County; Three brick quadplexes with ample parking, each unit with its own private entrance; Units are 2 bedrooms and 1 full bath with a large living room
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