Fairlawn Apartments

7576 Old Peppers Ferry Loop, Fairlawn, VA 24141

  • For Sale $1,100,000
  • Property Type Multi-Family
  • Property Size 9,760 SF
  • Units 17
  • Lot Size 0.55 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1940
  • Date Updated Mar 21, 2024
ONE Street Commercial Properties presents the following: The property is located along a commercial arterial and is surrounded by national retail and restaurants in Fairlawn, Virginia. Radford University is less than 3.5 miles from the subject property Investors will appreciate the opportunity to acquire a stable, high occupancy property with upside available through gradual increases in rents. 50% of the current tenants have a voucher or are in Section 8 program. Appliances have been replaced for most units (stoves, refrigerators and new AC window units) Replaced flooring with brand new high transit (Traffic MASTER & Water resistant ) in all lower units. The property operates with baseboard electric heat and new window A/C units for all the units. Electric service is separated and paid by the tenants. Owner pays trash and water & sewer. Owners Installed a new sump pump in back lot to pump water up into drainage system. Plenty of Parking, in front of the property and street parking.ONE Street Commercial Properties presents the following: The property is located along a commercial arterial and is surrounded by national retail and restaurants in Fairlawn, Virginia. Radford University is less than 3.5 miles from the subject property Investors will appreciate the opportunity to acquire a stable, high occupancy property with upside available through gradual increases in rents. 50% of the current tenants have a voucher or are in Section 8 program. Appliances have been replaced for most units (stoves, refrigerators and new AC window units) Replaced flooring with brand new high transit (Traffic MASTER & Water resistant ) in all lower units. The property operates with baseboard electric heat and new window A/C units for all the units. Electric service is separated and paid by the tenants. Owner pays trash and water & sewer. Owners Installed a new sump pump in back lot to pump water up into drainage system. Plenty of Parking, in front of the property and street parking.

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Attachments

Contacts

broker

Antoinette Khatib

ONE Street Commercial Properties

(703) 303-5000

Location

Getting Around

  • Walk Score ®

    17/100 Car-Dependent
  • Bike Score ®

    16/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Fairlawn, VA
  • Neighborhood Fairlawn
  • Zip Code 24141

Points of Interest

  • Christiansburg Station

    9.39 miles

  • Bucko's Pantry

    0.08 miles

  • Murphy USA

    0.71 miles

  • Pure

    0.88 miles

  • Speedway

    0.89 miles

  • Sheetz

    0.97 miles

  • Speedway

    2.06 miles

  • Exxon

    2.41 miles

  • Bucko's Pantry

    2.62 miles

  • The Sportsman

    4.54 miles

  • Radford Travel Center

    4.97 miles

  • Riverway Parking Lot

    1.72 miles

  • Lot BL

    2.17 miles

  • Lot IM

    2.19 miles

  • Baseball/Softball Parking

    7.17 miles

  • Faculty Parking Lot

    7.25 miles

  • Student Parking Lot

    7.33 miles

  • Bus Loop

    7.36 miles

  • Bus Loop

    7.36 miles

  • Guest Parking

    8.56 miles

  • Vet Medicine Lot

    9.08 miles

  • Executive Motel

    0.95 miles

  • La Quinta Inn by Wyndham Radford

    2.55 miles

  • Super 8 by Wyndham Radford VA

    2.88 miles

  • Comfort Inn & Suites

    4.80 miles

  • Sleep Inn & Suites

    6.44 miles

  • Claytor Lake Inn

    6.45 miles

  • Glade Road Cottage AirBnB

    6.88 miles

  • Holiday Inn Christiansburg Blacksburg

    7.96 miles

  • Super 8

    8.24 miles

  • Super 8

    8.25 miles

  • Sal's Jr Pizza and Italian Restaurant

    0.64 miles

  • Subway

    0.64 miles

  • Taco Bell

    0.65 miles

  • Bojangles'

    0.87 miles

  • Hardee's

    0.92 miles

  • Little Caesars

    0.92 miles

  • Long John Silver's

    0.92 miles

  • Wendy's

    0.92 miles

  • ROCAS

    0.92 miles

  • Cook Out

    0.93 miles

  • Riverlawn Elementary School

    0.37 miles

  • Oak Grove School

    1.24 miles

  • New River School

    1.24 miles

  • Radford High School

    1.34 miles

  • Gresham School

    1.51 miles

  • Radford University

    1.53 miles

  • Belle Heth Elementary School

    1.64 miles

  • McHarg Elementary School

    2.30 miles

  • Kuhn Barnett Elementary School

    2.40 miles

  • Fred Wygal Elementary School

    2.47 miles

  • Blacksburg Day Care

    9.49 miles

  • St. John Neumann Academy

    9.65 miles

  • Kids Heaven Child Care & Learning Center

    9.85 miles

Frequently Asked Questions

What is the lease rate for Fairlawn Apartments?

Rental asking rate at Fairlawn Apartments is $550,000.00/YR.

What is the total square footage of Fairlawn Apartments?

Fairlawn Apartments totals 9,760 square feet.

When was this property built?

Fairlawn Apartments was built in 1940.

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Contact Listing Broker

broker

Antoinette Khatib

ONE Street Commercial Properties

(703) 303-5000