NOT LISTED FOR SALE

1232 Centerville Rd Bedford, VA 24523

-- Bed
-- Bath
14,600 Sq Ft
4.1 Acres

Last Sold February 09, 2016

Last sale price $900,000 $62 Per Sq Ft

452 Days on Market

About This Home

As of February 2016

This is a cash flow ready made investment! Located right across from Liberty High in Bedford County and only 20 minutes outside of Lynchburg. All units in complex has had electrical review, new heat/air unit installed in laundry room, new landscaping, all well pumps have been replaced with new bladder tanks and serviced weekly, Well houses have insulated and thermostat controlled heat lamps to prevent freezing. Exterior is vinyl siding and wood trim has been freshly painted. Customer phone number can convey along with website, parking lot maintenance is scheduled for December to repair any potholes. Some units have new refrigerators and have been totally refreshed. This apartment complex was renamed from Woodgate to Peaks Crossing and is managed by Brownstone Properties to create a new marketing appeal. This apartment complex has been completely redone and is now a lucrative business. Great Investment Opportunity with little hands on effort needed.

Last Agent to Sell the Property

Katherine Farber

Keller Williams License #0225206276 Listed on: 11/14/2014

Last Buyer's Agent

Jennipher Lucado

Brownstone Properties License #0225047822

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,019

Year Built

  • Built in 1965

Lot Details

  • 4.1 Acre Lot

Home Design

  • 14,600 Sq Ft Home

Community Details

  • 24 Units

Listing and Financial Details

  • Assessor Parcel Number 9409400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,019

Year Built

Built in 1965

Lot Details

0

Listing Details

  • FILLACRES: 4.1043
  • Directions: Turn left onto US-221 S/Forest Rd 14.1 mi Turn right onto State Rte 671 2.3 mi Continue onto State Rte 644 Destination will be on the right
  • Lot Measurement: Acres
  • Lot Sq Ft: 178783.00
  • Days On Market: No
  • Property Subtype1: Multi-Family
  • Prop. Type: Multi-Family
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 9409400
  • Year Built: 1965
  • Unit Info Number Unfurnished Units: 24
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Broker Approved: Yes
  • Legal Description: centerville lt 5
  • Reciprocal Listing: No
  • Year Built Exception: 0

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

  • School District: Bedford

Lot Info

  • Lot Sq Ft: 14600.00

Tax Info

  • Estimated Taxes: 4019

Multi Family

  • Total Number Units: 24

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/09/2016 02/09/16 Sold $900,000 -25.0% $62 / Sq Ft
02/09/2016 02/09/16 Pending -- -- --
11/14/2014 11/14/14 For Sale $1,200,000 -- $82 / Sq Ft
Source: Lynchburg Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2016

    Katherine Farber

    Keller Williams

  • J

    Buyer's Agent in 2016

    Jennipher Lucado

    Brownstone Properties

    (434) 385-1025

    1 Total Sale

    Jennipher Lucado
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 288764

APN: 94 2 5

Virginia Bedford County Bedford 24523

1232 Centerville Rd, Bedford, VA

Not Listed for Sale

MultiFamily

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