Listed By:
Link Realty Services LLC
Address
500 Brookfield Drive, Winchester, VA
Price
$ 4,500,000
Property Attributes
  • MLS#VAWI2004380
  • TypeContingent
  • CountyWINCHESTER CITY
  • CityWinchester
  • Zip22601
  • StyleApartment Building
  • Year Built1990
  • Taxes$ 20279
  • Price$ 4,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage25000
  • Lot Size1.25 Acres
Data Source:
Bright MLS
Property Description

Brookfield Corporate Apartments. Solid brick construction, fully furnished, 1 and 2 bedroom apartments. All units have been completely refurbished. There are laundry facilities onsite,, Located directly across the street from Creekside Station.. This price is bases on current bank appraisal that was completed within the 90 days.

Price History
9/14/2023 Listed $5,200,000
2/8/2024 14% - $4,500,000

General Features

Sewer Public Sewer
Heating Central
Cooling Central A/C
Possession Settlement
Zoning B2
Construction Materials Brick
Year Built 1990
Property SubType Five Or More Units
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel Electric
OwnerPays All Utilities,Advertising/Licenses and Permits,Cable TV,Electricity,Heat,Insurance,Lawn/Shrub Care,Pest Control,Repairs,Sewer,Snow Removal,Taxes - Real Estate,Taxes - Personal property,Trash Collecti
Business Type Apartment Building
Accessibility None
County WINCHESTER CITY
Net Operating Income 421500.00
New Construction No
Property Type Commercial Sale
Water Access Y/N No
Transportation Bus Stop less than 1 mile
Status ACTIVE UNDER CONTRACT
Directions Located directly on Valley Ave next to Rubbermaid
ModificationTimestamp 2024-03-29T12:44:45
City WINCHESTER
Buyer Agent Compensation 1
Total Units 5
Lot Size Square Feet 54232.00
Tax Assessed Value 2180500.0
Waterfront Y/N No
Street Name BROOKFIELD
Tax Annual Amount 20279.0
Price Per Sq Ft 1057.33
Vacation Rental Y/N No
Days on Market 198
Standard Status Active Under Contract
Year Built Source Assessor
Tax Lot 9
Cap Rate 8.11
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Natural Gas
Hot Water Electric
Heating Y/N Yes
Street Suffix DRIVE
Central Air Y/N Yes

Exterior Features

Water Source Public
Total Parking Spaces 70
Type of Parking Parking Lot
Land Use Code 3
Water View Y/N No
Building Area Total 4256.00
Lot Size Acres 1.25
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 813500.00
Navigable Water Y/N No
Water Oriented Y/N No
Car Parking Spaces 70

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Contingent Average in 22601

Price
AVG $450K
$4.5M
Taxes
AVG $3,058
$20,279
Visits
AVG 114
240
Data Provided by Inside Real Estate®
Year Built
AVG 1966
1990

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