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    97-Unit Multifamily Investment Opportunity Title is generated by Realmo AI

    81 Terry Ct, Collinsville, VA 24078

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    Multifamily property with 97 units near Roanoke MSA.

    Type:Multifamily
    Property size:
    83,940 SF
    Price / SF:
    $88/SF
    Added:
    Feb 10, 2026
    Days on Market:
    91
    Last Refresh:
    Mar 21 at 8:34 pm

    Property Features for 81 Terry Ct

    General Information

    Standard status
    Active
    Size
    83,940 SF
    Property subtype
    Multifamily

    Building Details

    Year Built
    1973

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    Listing Contact
    Nick Gonzalez
    Nick Gonzalez

    Listing agent Nick Gonzalez License #NC 268640

    Listing office Linville Team Partners

    Listing date Feb 10, 2026

    Source Crexi

    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 Linville Team Partners

    HighLights

    • Stable investment opportunity with historically low vacancy.
    • Significant upside potential in rents through unit remodels.
    • 97 units with diverse 1‑3 bedroom layouts catering to housing demand.
    • Includes a 3‑bedroom home currently used as an on‑site property management office and rental.
    • Amenities include common laundry, playground, and swimming pool.
    • Surplus parking lot ideal for future amenity or expansion.

    Overview

    This property presents a stable investment opportunity, located approximately one hour from the Roanoke MSA. It features 97 units with layouts ranging from one to three bedrooms, addressing the housing demand in Collinsville, VA. The property comprises eight buildings, and includes common laundry facilities, a playground, and a swimming pool. A three-bedroom home is also located on-site, currently serving as both a residential rental and an on-site property management office. Additional office and storage structures are present, along with a surplus parking lot that could accommodate a future amenity or expansion. Historically, the property has maintained low vacancy rates, providing immediate yield with potential for increased rents through unit remodels. The property size is 83,940 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hill Court Apartments Apartment Building

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Collinsville
    County
    Henry
    State
    Virginia
    Longitude
    -79.9085162
    Latitude
    36.7299516

    FAQs

    What type of property is this?
    Apartment building - Multifamily property with 97 units near Roanoke MSA.
    Where is this apartment building located?
    The property is located at 81 Terry Ct Collinsville, VA.
    What is the asking price?
    The asking price for this property is $7,445,000.
    What are key features of this property?
    This property features: Stable investment opportunity with historically low vacancy.; Significant upside potential in rents through unit remodels.; 97 units with diverse 1‑3 bedroom layouts catering to housing demand.
    (336) 724-1715 Call to check price and availability
    More about this property
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