MARK TO MARKET OPPORTUNITY
LOW MAINTENANCE FINISHES
SOLID RENTER BASE
STRONG SUBMARKET GROWTH
PROXIMITY TO EMPLOYMENT & HIGHER EDUCATION
Cameron Lofts
30 Franklin Apartments
Mayton Transfer Lofts
High Street Lofts
Market Street Lofts
Star Lofts
Flats at Wythe
Perry Street Lofts
ABOUT PETERSBURG
The Petersburg area has a firm place in our nation’s history books. From the founding of the Citie of Henricus in 1611 in Chesterfield County to Revolutionary and Civil War battles fought in Petersburg, the area was destined to become a place of importance in Virginia and American history. Situated along the James River and at the confluence of the James and Appomattox rivers, the Petersburg Area played a significant role in our nation’s early days and continues to be a region of great historic, commercial and economic importance.
A devastating fire on a hot summer night in 1815 wiped out the old towne of Petersburg, a collection of wooden warehouses and homes along the Appomattox River. The brick commercial district that grew from the ashes became a crossroads for batteaux on the canals and trading ships on the river. Major railroads extended north and south from the city. Old Towne today is a district of antique galleries, boutiques, craft shops, restaurants, cafes, and a mix of renovated residences. Although the oldest part of Petersburg lies along the bank of the Appomatox River, Old Towne Petersburg extends South to Wythe Street. City government offices, the beautiful Courthouse complex, the Petersburg Visitors Center, the Petersburg Area Art League and scores of historic and architecturally significant structures are located in Old Towne Petersburg.
141 East Wythe Street, Petersburg, VA, USA
Ryan’s practice at One South Commercial focuses on investment and development site sales throughout Virginia. He brings a detailed, solutions-oriented approach to each transaction and has successfully represented a wide array of buyers and sellers on deals ranging from $1 million to $35 million. A Richmond native with a background in institutional real estate management, Ryan leverages a wide network of industry contacts and his experience “under the hood” to advise One South Commercial’s clients on everything from local sub-markets to national capital markets, and is ready and able to tackle anything in between.
DISCLAIMER: This offering memorandum is intended as a reference for prospective purchasers in the evaluation of the property and its suitability for investment. Neither One South Commercial nor Seller make any representations or warranties with respect to the accuracy or completeness of the materials contained in the offering memorandum. Prospective purchasers should evaluate the property independently and rely solely on such independent evaluation in determining whether to purchase the property. The offering memorandum, pricing, and terms therein are subject to change or withdrawal at the discretion of Seller and One South Commercial, as Seller’s exclusive representative. *Information provided deemed reliable but not guaranteed