Fairlawn Apartments

For Sale

7576 Old Peppers Ferry Loop, Fairlawn, VA 24141

This Fairlawn property for sale is located at 7576 Old Peppers Ferry Loop. The current listed sale price for Fairlawn Apartments is $1,100,000. Fairlawn Apartments is situated on a lot that is 0.55 acre in size.

Contacts

broker

Antoinette Khatib

ONE Street Commercial Properties

Property Details

  • Property Type Multi-Family
  • Property Size 9,760 SF
  • Units 17
  • Lot Size 0.55 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Year Built 1940
  • Date Updated Aug 8, 2024
ONE Street Commercial Properties presents the following: The property is located along a commercial arterial and is surrounded by national retail and restaurants in Fairlawn, Virginia. Radford University is less than 3.5 miles from the subject property Investors will appreciate the opportunity to acquire a stable, high occupancy property with upside available through gradual increases in rents. 50% of the current tenants have a voucher or are in Section 8 program. Appliances have been replaced for most units (stoves, refrigerators and new AC window units) Replaced flooring with brand new high transit (Traffic MASTER & Water resistant ) in all lower units. The property operates with baseboard electric heat and new window A/C units for all the units. Electric service is separated and paid by the tenants. Owner pays trash and water & sewer. Owners Installed a new sump pump in back lot to pump water up into drainage system. Plenty of Parking, in front of the property and street parking.ONE Street Commercial Properties presents the following: The property is located along a commercial arterial and is surrounded by national retail and restaurants in Fairlawn, Virginia. Radford University is less than 3.5 miles from the subject property Investors will appreciate the opportunity to acquire a stable, high occupancy property with upside available through gradual increases in rents. 50% of the current tenants have a voucher or are in Section 8 program. Appliances have been replaced for most units (stoves, refrigerators and new AC window units) Replaced flooring with brand new high transit (Traffic MASTER & Water resistant ) in all lower units. The property operates with baseboard electric heat and new window A/C units for all the units. Electric service is separated and paid by the tenants. Owner pays trash and water & sewer. Owners Installed a new sump pump in back lot to pump water up into drainage system. Plenty of Parking, in front of the property and street parking.

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Getting around

  • 17/100

    Walk Score ®

  • 16/100

    Bike Score ®

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Location

  • City Fairlawn, VA
  • Neighborhood Fairlawn
  • Zip Code 24141

Points of Interest

  • Bucko's Pantry

    0.08 miles

  • Walmart

    0.71 miles

  • Pure

    0.88 miles

  • Speedway

    0.89 miles

  • Sheetz

    0.97 miles

  • BP

    1.19 miles

  • Citgo

    3.28 miles

  • The Sportsman

    4.54 miles

  • Riverway Parking Lot

    1.72 miles

  • Lot BL

    2.17 miles

  • Lot IM

    2.19 miles

  • Baseball/Softball Parking

    7.17 miles

  • Faculty Parking Lot

    7.29 miles

  • Student Parking Lot

    7.33 miles

  • Bus Loop

    7.35 miles

  • Guest Parking

    8.56 miles

  • Vet Medicine Lot

    9.09 miles

  • Executive Motel

    0.95 miles

  • La Quinta Inn Radford

    2.55 miles

  • Econo Lodge Inn & Suites

    2.62 miles

  • Super 8 by Wyndham Radford VA

    2.88 miles

  • Tru by Hilton Radford

    4.70 miles

  • Comfort Inn & Suites

    4.80 miles

  • Sleep Inn & Suites

    6.44 miles

  • Claytor Lake Inn

    6.45 miles

  • Glade Road Cottage AirBnB

    6.89 miles

  • Holiday Inn Christiansburg Blacksburg

    7.96 miles

  • Walmart Supercenter

    0.76 miles

  • Kroger

    0.98 miles

  • Food Lion

    2.22 miles

  • Food City

    3.15 miles

  • Snuffy's General Store

    5.60 miles

  • Village Square

    7.66 miles

  • Kohl's

    7.94 miles

  • Uptown Christiansburg

    7.97 miles

  • Belk

    8.06 miles

  • TJ Maxx

    8.10 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Antoinette Khatib

ONE Street Commercial Properties