35 & 18 SIGNAL KNOB DR Strasburg, VA 22657

Building Details

Year Built

1998

Listing Agency m***@shentel.net Show Phone

Listed by Mike Beasley Show Phone

Source Elliman

Added: Mar 30 Updated: Jul 10 at 3:54 pm Checked: Jul 19 at 5:25 am

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Investment Insights

Based on property information with market context.

This property presents an investment opportunity, featuring a 10-unit apartment building with full occupancy, comprising six two-bedroom and four one-bedroom apartments. The recreational center requires renovation but offers potential. The lower level includes a full-size basketball/volleyball court and an Olympic-size indoor six-lane pool, suitable for competitions and recreational swimming, along with men's and women's restrooms and shower facilities. The main level features a spacious room suitable for yoga, Pilates, and Tai Chi, plus a separate aerobic/weight room. There are rooms suitable for child daycare, including an infant care room. The rear of the facility contains a 7,800 sq ft space with a 10-lane bowling alley, currently covered for use as a play area with an inflatable bounce house; the bowling lane components are on site. The facility needs updates, but offers potential. Located in Strasburg, which is experiencing growth, the property benefits from proximity to I-81 and I-66. The bike score is 9, indicating it is somewhat bikeable, and the walk score is 26, indicating car-dependent.

Key Highlights

• 10‑unit apartment building with high occupancy rate (6 two‑bedroom, 4 one‑bedroom).
• Enjoy the Olympic‑size indoor 6‑lane pool and full‑size basketball/volleyball court.
• 7,800 sq ft space with a 10‑lane bowling alley (components on site).

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FAQs

What type of property is this?

Apartment building - Apartment building and recreational center with high potential.

Where is this apartment building located?

The property is located at 35 & 18 SIGNAL KNOB DR Strasburg, VA.

What is the asking price?

The asking price for this property is $2,100,000.

What are key features of this property?

This property features: 10‑unit apartment building with high occupancy rate (6 two‑bedroom, 4 one‑bedroom).; Enjoy the Olympic‑size indoor 6‑lane pool and full‑size basketball/volleyball court.; 7,800 sq ft space with a 10‑lane bowling alley (components on site).