$3,500,000
Appalachia, VA 24216
MLS# 9959312
Status: Active Under Contract
88478 sqft
1 / 4
Property Description
*More pictures coming soon* This 88 unit apartment complex is situated on 14+ acres in the town of Appalachia. It contains 16 one bedroom apartments, 52 two bedroom apartments, 20 three bedroom apartments, a maintenance building, laundry room, office, and recreation room. Each unit is provided with its own storage closet on the exterior ground level. Also on the grounds there is a basketball court and space to add a playground or picnic area if desired. Each unit is independently metered for utilities and is equipped with independent HVAC units. Distance to local areas of employment: 5.4 Miles to Lonesome Pine Hospital 6.6 Miles to Union primary, Union Middle, Union High Schools 11.1 Miles to Norton Community Hospital 18.7 Miles to UVA-Wise 23 Miles to Lee County Community Hospital 26.7 Miles to US Penitentiary Lee 42 Miles to Indian Path Hospital (Kingsport, TN) All information here in was taken from public record and is subject to error and omissions.
Details
Maps
Location, Tax & Legal Info
Street #: 293
Street Name: Don Whitehead
St Suffix: Drive
County: Wise
State/Province: VA
Zip Code: 24216
Area: 506 - Wise County
Complex/Ind Park: Inman Village Apartment Complex
Subdivision: Not Listed
Parcel ID: 033984
City Taxes: 13737.6
County Taxes: 17884.8
Contract Info
Status: Active Under Contract
Listing Price: 3500000
Current Price: $3,500,000
List Price/SqFt: 39.56
Listing Date: 2023-11-14
Buyer Broker: Yes
Buyer Broker Comm: 4
Buyer Broker Comm Type: %
Foreclosure: No
Short Sale: No
Auction: No
General Property Description
Lease: No
Lot Size: 14.5 acres
Acres: 14.47
Zoning: Multi-Family R
Year Built: 1984
Total SqFt: 88478
Total SqFt Finished: 77776
Total SqFt Unfinished: 10702
HOA Y/N: No
Remarks & Misc
Public Remarks: *More pictures coming soon*
This 88 unit apartment complex is situated on 14+ acres in the town of Appalachia. It contains 16 one bedroom apartments, 52 two bedroom apartments, 20 three bedroom apartments, a maintenance building, laundry room, office, and recreation room. Each unit is provided with its own storage closet on the exterior ground level. Also on the grounds there is a basketball court and space to add a playground or picnic area if desired. Each unit is independently metered for utilities and is equipped with independent HVAC units.
Distance to local areas of employment:
5.4 Miles to Lonesome Pine Hospital
6.6 Miles to Union primary, Union Middle, Union High Schools
11.1 Miles to Norton Community Hospital
18.7 Miles to UVA-Wise
23 Miles to Lee County Community Hospital
26.7 Miles to US Penitentiary Lee
42 Miles to Indian Path Hospital (Kingsport, TN)
All information here in was taken from public record and is subject to error and omissions.
Directions: From BSG Dairy Queen, follow US 23 NE 2.6 miles to Appalachia, turn left onto Inman st. keep right at the fork to stay on Inman St. in approx. 1 mile, turn right onto Don Whithead Dr
Status Change Info
Date Pending: 2024-02-06
Property Features
Business Type: Residential
Exterior Finish: Brick
Other Equipment: Dumpster; Handicap Access; Handicap Facilities
Roof: Shingle
Electric Service: Other
Development Status: Subdivided; Other
Heating: Central
AC: Central Air
Water: Public
Sewer: Public Sewer
Road Access: County Road
Info Available: Building Plan; Floor Plan; Plat
Restrictions: See Remarks
Financing: Cash; Conventional
Sale Includes: See Remarks
Listing Office: REMAX Cavaliers
Last Updated: March - 18 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Information deemed reliable but not guaranteed.