2616 Lochaven BlvdRichmond, VA 23234

  • Investment properties
For Sale
$1,670,000 View listing

Property Details for 2616 Lochaven Blvd

Year built
1930
Property type
Investment properties
Property subtype
Multifamily properties

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.

2616 Lochaven Blvd, Richmond, Virginia

Location Insight

City
Richmond
County
Chesterfield
State
Virginia
Latitude
37.482
Longitude
-77.4465

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].