Active Listing

PREMIER RICHMOND NEIGHBORHOOD | UNIQUE 10 UNIT INVESTMENT OPPORTUNITY | 101 Tempsford Lane
Richmond, VA 23226

$2900000

Multi-Family
Property Type

10 
Units

0.887 AC
Parcel

10,870 SF
GBA

Property Summary

The Apartments at 101 Tempsford Lane are uniquely located in the Cary Street Road area, a
predominately single-family neighborhood in Richmond’s West End. Built in the 1940’s,the complex is on the National Historic Register and has a unique International Style façade. The building is situated on almost 1 acre of beautifully secluded land and gives a feeling of space and quiet to its residents. The site offers plentiful parking and tenant amenity space such as fire pits and sitting areas.

There are 10 units in the building with 4 townhouse and 6 garden style apartments. All units
consist of two bedrooms, a bathroom with ceramic tile, spacious kitchen with bar top, a large
living room and hardwood floors. Two of the units have private, enormous rooftop decks
overlooking wooded adjacent yards. There is a large potential upside in rents for investors as
the units are unique and the location is very strong. Because of the beautiful setting and the
size and look of the apartments, there is also the opportunity for a developer to convert the
building into condominiums for sale.

The tenants of this complex enjoy easy access to all the Richmond Metro area and specifically
the shopping areas of Grove and Libbie, Carytown and Willow Lawn. 101 Tempsford is truly a
unique opportunity.

  • 10 Units – Two Bed/1 Bath
  • 100% Occupied
  • 10,870 SF

PROPERTY DETAILS

Units 10
Parcel ID W0220087002
Const. Materials Brick
Zoning Desc. R-1
Construction Date 1940
Co-broker Fee Yes

0
Walkability

0
Transit

PROPERTY PHOTOS

PROPERTY LOCATION

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