Multifamily and Recreational
For Sale
$2,100,000
35 & 18 SIGNAL KNOB DR, Strasburg, VA 22657
Apartment building and recreational center with high potential.
Property Size41,488 SF
Price / SF$50.62
Days on Market159
Property Features for 35 & 18 SIGNAL KNOB DR
General Information
Standard status
Active
Size
41,488 SF
Property subtype
MixedUse
Taxes and HOA fees
Annual Taxes
$23,444
Building Details
Building Size
41,488 SF
Year Built
1998
Listing Agency:
ERA Valley Realty
Listed By:
Mike Beasley · License #0225107810
(540) 325-2123
Source:
Kerishull
Added: Mar 30
Changed: Aug 28
Last Checked: Sep 2 at 1:02AM
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 ERA Valley Realty
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).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
178
Businesses Nearby
Explore this area
Business Placement
Demographics for 22657, VA
11,974
Population
5,274
Households
2.3
Avg Household Size
41
Median Age
21%
College-Educated
90%
High-School Grad
57.7 sq mi
ZIP Area
208
Density / Sq Mi
$66,152
Median Household Income
$42,219
Median Earnings
$998
Median Rent
$268,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
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).
