114-Unit Garden-Style Apartment
For Sale
Contact for pricing
2075 Langhorne Rd, Lynchburg, VA 24501
R-4-zoned community near Centra Health’s employee campus and Lynchburg’s healthcare corridor.
Property Size92,000 SF
Days on Market151
Property Features for 2075 Langhorne Rd
General Information
Standard status
Active
Size
92,000 SF
Class
B
Property subtype
Multifamily
Zoning
R-4
Occupancy
92%
Investment Type
Value Add
Additional Details
Multifamily Units
114
Building Details
Year Built
1963
Year Renovated
2023
Buildings
4
Stories
3
Units
114
Construction
garden-style
Listing Agency:
Cushman & Wakefield Thalhimer - Roanoke, Virginia
Listed By:
Clay Taylor · License #VA 0225202311
(804) 819-9948
Source:
Crexi
Added: Apr 7
Changed: Aug 29
Last Checked: Aug 31 at 11:16AM
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 Cushman & Wakefield Thalhimer - Roanoke, Virginia
Investment Insights
Based on property information with market context.
McCausland Ridge Apartments is a 114-unit garden-style multifamily community comprising approximately 92,000 square feet. Built in 1963, the property is zoned R-4 and has received more than $1.0M in capital improvements since 2023.
The community is located at 2075 Langhorne Rd in Lynchburg, Virginia, less than one mile from Centra Health’s campus, which employs more than 8,000 people. The surrounding employment base includes healthcare, higher education, advanced manufacturing, Liberty University, and a nuclear technology cluster. Adjacent Class A apartment deliveries have established a higher local rent ceiling, while the property’s reported 8%+ loss to lease and ongoing unit upgrades provide defined operational considerations for ownership.
The community is located at 2075 Langhorne Rd in Lynchburg, Virginia, less than one mile from Centra Health’s campus, which employs more than 8,000 people. The surrounding employment base includes healthcare, higher education, advanced manufacturing, Liberty University, and a nuclear technology cluster. Adjacent Class A apartment deliveries have established a higher local rent ceiling, while the property’s reported 8%+ loss to lease and ongoing unit upgrades provide defined operational considerations for ownership.
Key Highlights
- 114‑unit garden‑style apartment community
- Approximately 92,000 SF on an R‑4‑zoned site
- Built in 1963
Property Analytics
Property Profile
Current Use
Lease Details
114
Residential units
Location Intelligence
Trade Area within ½ mile
1,017
Businesses Nearby
Explore this area
Business Placement
Demographics for 24501, VA
27,160
Population
12,157
Households
2.2
Avg Household Size
33
Median Age
25%
College-Educated
87%
High-School Grad
36.3 sq mi
ZIP Area
748
Density / Sq Mi
$45,305
Median Household Income
$28,790
Median Earnings
$936
Median Rent
$155,800
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 - R-4-zoned community near Centra Health’s employee campus and Lynchburg’s healthcare corridor.
Where is this apartment building located?
The property is located at 2075 Langhorne Rd Lynchburg, VA.
What are key features of this property?
This property features: 114‑unit garden‑style apartment community; Approximately 92,000 SF on an R‑4‑zoned site; Built in 1963
