Technical
Financial
Distress signals
Property profile

720 Prospect Ave 772 Charlottesville, VA 22903

OFF-MARKET
Apartment buildings
Property ID
US87-1656560
5,630 SF 10.8 ac lot Built 1970
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1970
Total area 5,630 SF
Lot 10.8 ac (470,448 SF)
Zoning code R-C
APN 250003000
UPID US87-1656560

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

720 Prospect Ave, Unit 772 Charlottesville, VA 22903-3905
Charlottesville metro Census 501 CHARLOTTESVILLE, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$490k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$370k

Owner & transaction history

Zoning & alternative use

R-C · Charlottesville, VA
Zoning description

R-C Residential C RESIDENTIAL MIXED USE RX-3 Residential Mixed Use 3 RX-5 Residential Mixed Use 5 CORRIDOR MIXED USE CX-3 Corridor Mixed Use 3 CX-5 Corridor Mixed Use 5 CX-8 Corridor Mixed Use 8 NODE MIXED USE NX-3 Node…

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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