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3117 Meadowbridge Rd Richmond, VA 23222

14-unit apartment building, high occupancy

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional 14-unit apartment building, located at 3117 Meadowbridge Rd in Richmond, VA (zip code 23222), presents a compelling investment opportunity. The property encompasses 11,304 square feet on a 0.322-acre lot and is designated by APN N0001156010. The two-story building features fourteen two-bedroom, one-bathroom garden-style apartments, currently boasting a 90% occupancy rate. Each unit includes a spacious living room and galley kitchen. Residents enjoy the convenience of onsite laundry facilities and approximately 10 off-street parking spaces. The property is zoned RO-2. Situated in Richmond's Northside, this location benefits from a revitalized neighborhood experiencing significant single-family home redevelopment and a resurgence of nearby commercial retail activity. The existing below-market rents offer potential for increased revenue. This property represents a strong investment in a thriving area with significant upside potential. The building consists of one structure.

Highlights

  • Two-bedroom floor plans available.
  • Located in Richmond's desirable Northside neighborhood.
  • Offering below-market rental rates.
  • Features off-street parking.
  • Includes on-site laundry facilities.

Property Details for 3117 Meadowbridge Rd

Property type
Apartment buildings
Square Feet
11,304 SF
Buildings
1
Stories
2
Lot Size (sq. ft)
14,026 SF
Units
14

Location Insight

City
Richmond
County
Richmond City
State
Virginia
Latitude
37.574099
Longitude
-77.4205083

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FAQs

What type of property is this?
Apartment building - 14-unit apartment building, high occupancy
Where is the apartment building located?
The property is located at 3117 Meadowbridge Rd Richmond, VA.
What are key features of this property?
This property features: Two-bedroom floor plans available.; Located in Richmond's desirable Northside neighborhood.; Offering below-market rental rates.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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Contacts

Tom Rosman
Tom Rosman
Justin Sledd
Justin Sledd
Visit Broker Website

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Useful Information

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Meadowbridge Rd
Richmond, VA 23222

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Meadowbridge Rd
Richmond, VA 23222

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

3117 Meadowbridge Rd
  • Tom Rosman
    Tom Rosman
  • Justin Sledd
    Justin Sledd
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