Hallock Townhomes

265 Hallock Place, Abingdon, VA 24210

Property Information

  • For Sale $3,500,000
  • Property Type Multi-Family
  • Property Size 37,088 SF
  • Units 38
  • Lot Size 2.64 Acre
  • Year Built 2003
  • Date Updated Jun 22, 2026

Description

Hallock Drive Townhomes offers residents the opportunity to live in one of Southwest Virginia’s most desirable communities. Located in Abingdon, the property combines the comfort and privacy of townhome living with convenient access to major employment centers, retail destinations, and recreational amenities. Residents are just minutes from Interstate 81, providing easy connectivity throughout the Tri-Cities region, including Bristol, Kingsport, and Johnson City. Abingdon is known for its historic downtown, vibrant arts scene, and exceptional quality of life. The area features popular attractions such as the Barter Theatre, Virginia Creeper Trail, South Holston Lake, and a variety of locally owned restaurants and shops. A diverse employment base supported by healthcare, manufacturing, education, and distribution continues to attract residents to the region. The property's location offers convenient access to shopping, healthcare, schools, and daily necessities while maintaining the quiet residential atmosphere renters seek. With its strong quality of life, regional accessibility, and steady economic fundamentals, Hallock Drive Townhomes benefits from a location that continues to support strong rental demand.SVN | Wood Properties is proud to present Hallock Drive Townhomes, a 38-unit townhouse community located in the highly desirable Abingdon, Virginia market. Built in 2003, the property consists entirely of spacious two-bedroom, one and-a-half-bathroom townhomes averaging approximately 975–1,000 square feet. Hallock Drive offers investors the opportunity to acquire a well-maintained, stabilized asset with strong in-place cash flow and continued upside through rent growth. With its attractive townhome layout, convenient access to Interstate 81, and proximity to major employment centers throughout the Tri-Cities region, the property is well-positioned to benefit from the area's strong rental demand and long-term economic growth.

Highlights

  • Attractive Workforce Housing Investment — Well-positioned asset offering durable tenant demand, strong occupancy fundamentals, and a product type that would be difficult to replicate at today's construction costs.
  • Excellent Location with Diverse Employment Drivers — Convenient access to Interstate 81, downtown Abingdon, healthcare systems, manufacturing employers, and the broader Tri-Cities region.
  • Spacious Townhome Product in a Strong Market — 38-unit community consisting entirely of large 2BR/1.5BA townhomes averaging approximately 975–1,000 SF in the desirable Abingdon, VA market.
  • Strong In-Place Income with Rent Growth Potential — Stable cash flow today with the opportunity to increase rents over time and further enhance investment returns.

Contacts

Location

Contact Listing Broker
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.