2616 Lochaven BlvdRichmond, VA 23234
- Residential income homes
Property Details for 2616 Lochaven Blvd
- Year built
- 1930
- Property type
- Residential income homes
Description
This exceptional 10-home single-family rental portfolio in Richmond, VA presents a compelling investment opportunity. Comprising 12,598 square feet of net rentable space across ten buildings, this Class A portfolio boasts 100% occupancy and a stabilized income stream. Built and/or renovated between 1930 and 2022 (major renovations 2019-2022), the properties feature updated roofs, heat pumps, kitchens, and bathrooms. The portfolio generates a gross monthly rent of $11,880, with all leases extending to year-end, offering potential for future rent increases. The properties are located at various addresses in and around Richmond, including 2616 Lochaven Blvd, 2610 Lochaven Blvd, and others. This turnkey investment offers low maintenance costs due to recent renovations and the replacement of all major systems. The asking price for this high-performing portfolio is $1,670,000. This is a rare opportunity to acquire a well-maintained, high-occupancy rental portfolio in a desirable location. All properties are currently occupied.
Location Insight
- City
- Richmond
- County
- Chesterfield
- State
- Virginia
- Latitude
- 37.482
- Longitude
- -77.4465
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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