Prime Downtown 9-Unit Multi-Family Investment
213 North 18th Street Richmond Virginia 23223
$1,695,000
One South Commercial is pleased to offer for sale 213-215 N 18th Street, a nine-unit multi-family property located just blocks away from both VCU Medical Center and the Virginia State Capitol Campus. The property provides a blend of 2-bedroom and 1-bedroom units and a detached single-family home in the rear with a 2-bed/2 bath layout including a 3-bay garage. All units have modern finishes to complement the historic portions of the property. All tenants enjoy off-street parking as well as a short walk to many of Shockoe Bottom’s popular boutiques, restaurants and coffee shops.
The property provides a future investor rental upside as reflected in the included pro-forma given its prime location and large unit size. Additionally, the B-5 zoning allows for the potential of short term furnished rental opportunities. 213-215 N 18th Street is an excellent opportunity for an investor looking to expand their portfolio or enter the Richmond market with a splash.
Isaac is a Virginia native who grew up in a small community in the Northern Shenandoah Valley. From this rural setting, he attended the University of Virginia and earned a degree from the Woodrow Wilson School of Politics. After graduation, he entered the uniquely demanding world of politics working as a consultant at both the state and national levels. He now brings the same approach that generated a number of successes on the campaign trail to multifamily and investment brokerage. With the same infectious energy, Isaac actively focuses his effort to help clients plant or expand their roots within the greater Richmond community and beyond.
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
