531 St Marks Street, Petersburg, VA, 23803
531 St Marks Street Petersburg, VA 23803
For sale: stabilized portfolio of 59 single-family and duplex rental properties in the Tri-Cities area, part of the Richmond MSA. The portfolio is being offered for $7, 200, 000 free-and-clear of existing debt. Seller diligently assembled the portfolio one property at a time, offering investors meaningful scale without the headaches and transactional expense of aggregation. Seller replaces roofs and windows at acquisition and installs durable, low-maintenance finishes and systems as needed. Tenants are carefully qualified, limiting collection loss and turnover. Petersburg proved to be a resilient rental market during the turbulence of COVID and is benefiting from investment by savvy real estate developers as well as growth companies looking for cost effective operations with easy access to Richmond and Interstates 85 and 95.
|3 weeks ago||Listing updated with changes from the MLS|
|3 weeks ago||Listing first seen online|
Data last updated at 2023-03-31 04:00 AM UTC.
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.