BROKERAGECONSULTINGMANAGEMENT
PROPERTIES
|
236 Broad Street and 94 Printers Lane
Martinsville and Collinsville, VA 24112  Investment portfolio with a cap rate of 10.9%. Properties include a residential investment house built in 1920 in Uptown Martinsville, VA; an 86 unit brick storage facility built in 1983 located in Uptown Martinsville, VA; and a 66 unit metal storage facility built in 2002 located off US-220 Business in Collinsville, VA. Other purchase options are available. The storage facilities can be purchased together without the house for $440,000 or the Collinsville property can be purchased alone for $220,000. Uptown Martinsville, and the surrounding areas of Martinsville and Henry County are experiencing a tremendous expansion, with the addition of a new four year university, in the heart of uptown, the new Museum of National History Building, which is affiliated with the Smithsonian. Also planned in the near future is an arena and sports field uptown, and a 8 field outdoor facility in the county. The area also hosts two other upper education facilities, The National College and Patrick Henry Community College. The facilitiy in Collinsville, VA, also in Henry County, is on heavily traveled US-220 business and is surrounded by residential homes and apartments.
|
For more information contact Russel Gardner
 
Property Type: investment, special purpose
Property Status: sold |
PDF description sheet (suitable for print)