102 McAlliff LN - 108, Moneta, VA 24121
$950,000
Property Type:
MultiFamily
Lot Size (sq. ft.):
312,761
Status:
Closed
Current Price:
$950,000
List Date:
8/07/2018
Last Modified:
9/22/2024
Overview
Description
Built in 1990, this 16 unit apartment community features four buildings with 4 x 2 BR/1 BA units in each. Each unit features a modern, open floor plan & includes a dishwasher, washer/dryer, eat-in kitchen, & private deck overlooking park-like setting. Located only 45 minutes from Roanoke & 35 minutes from Lynchburg, Smith Mountain Lake is the largest man-made lake in Virginia with 32 square miles of area & over 500 miles of shoreline. Boasting over twelve private marinas & 4 golf courses, the area is a popular tourist destination & bedroom community for surrounding areas. Electric metered separately. Owner pays trash & exterior lighting. Water/Sewer is on private well/septic. Ample parking. Currently 100% occupied with established tenants paying $575 and newer tenants paying $625
Listing Details MLS# 851223
Location, Tax & Legal
- Area
- 0600 - Bedford County
- Street Number
- 102
- Street Name
- McAlliff
- Street Suffix
- LN
- State/Province
- VA
- Zip Code
- 24121
- Subdivision
- Wedgewood
- Municipality
- Bedford County
- Elementary School
- Moneta
- Middle School
- Staunton River
- High School
- Staunton River
- Major Area
- 06 - Bedford County
- Unit #
- - 108
- Phase
- 0
- Lot
- 4,5,6,7
- Block
- No
- Tax ID
- 222 7 4, 222 7 5, 222 7 6, 222 8 7
- Annual Taxes
- 5032
- Section
- 1 & 2
- POA Y/N
- No
General Property Description
- Multi-Family Type
- Apartments
- Construction Status
- Completed
- Year Built
- 1990
- Present Use
- Built-As
- Number of Units
- 16
- # Unfurnished
- 16
- # Leased Units
- 16
- Gross Bldg SQFT
- 15040
- Lot Dimensions
- Irregular
- Total Acreage
- 7.18
- Basement Y/N
- No
- Parking Description
- Private (10 or More)
- Operating Expense
- 30186
- Net Operating Income
- 78114
- Gross Income
- 114000
- Water Class
- N/A
- # Furnished
- 0
Status Change Info
- Ratified Contract Dt
- 2018-09-18
- Sold Date
- 2019-04-03
Expenses
- Management Exp
- 8664
- Maintenance Exp
- 10830
- Tax Exp
- 5032
- Insurance Exp
- 3910
- Other Exp
- 1750
Remarks & Misc
- Directions
- From HFB 122 N. R on Hendricks Store Road. L at White House Road. R on Winterwood Drive which approximately 1 mile down White House. L on McAlliff Lane. Four buildings on L
More Information
Limited Service
- Not Limited Service
- Yes
Construction
- Brick
- Yes
- Vinyl
- Yes
- Wood
- Yes
Basement
- Slab
- Yes
Heating
- Heat Pump Electric
- Yes
Cooling
- Heat Pump Electric
- Yes
Water Description
- Private Well
- Yes
Sewer Description
- Private Septic
- Yes
Water Heater Type
- Tank
- Yes
Water Heater Energy
- Electric
- Yes
Owner Expenses
- Lawn Care
- Yes
- Trash Disposal
- Yes
- Other - See Remarks
- Yes
Tenant Expenses
- Electricity
- Yes
- Other - See Remarks
- Yes
Property Features
Limited Service:
Not Limited Service
Construction:
Brick; Vinyl; Wood
Basement:
Slab
Heating:
Heat Pump Electric
Cooling:
Heat Pump Electric
Water Description:
Private Well
Sewer Description:
Private Septic
Water Heater Type:
Tank
Water Heater Energy:
Electric
Owner Expenses:
Lawn Care; Trash Disposal; Other - See Remarks
Tenant Expenses:
Electricity; Other - See Remarks
Listing Office:
WALDVOGEL COMMERCIAL PROPERTIES
Last Updated: September - 22 - 2024
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