100 Ridgeview LN, Bassett, VA 24055
New Listing
$3,300,000
Property Type:
MultiFamily
Lot Size (sq. ft.):
379,408
Status:
Active
Current Price:
$3,300,000
List Date:
4/18/2026
Last Modified:
4/18/2026
Description
66-unit multifamily with low maintenance brick exterior in Henry County, Virginia. Additional income includes coin operated laundry equipment and internet subscription profit sharing with Comcast. All units sub metered for electricity. The current owners completed significant capital improvements to the property over the past 2 years including renovations on 100% of the units in order to increase the average rent from $430/unit to $680/unit. Additional due diligence materials available upon request.
More Information MLS# 924635
Contract Information
Current Price: $3,300,000
List Price: $3,300,000
List Date: 2026-02-13
Status: Active
General Property Description
Multi-Family Type: Apartments
Construction Status: Completed
Year Built: 1978
Present Use: Built-As
Number of Units: 66
# Unfurnished: 66
# Leased Units: 66
Gross Bldg SQFT: 49800
Total Acreage: 8.71
Basement Y/N: Yes
Parking Description: Private (10 or More)
Operating Expense: 201257
Net Operating Income: 408933
Gross Income: 610191
Water Class: N/A
Location Legal Taxes
Area: 1400 - Henry County
Street Number: 100
Street Name: Ridgeview
Street Suffix: LN
State/Province: VA
Zip Code: 24055
Subdivision: N/A
Municipality: Henry County
Elementary School: Other - See Remarks
Middle School: Other - See Remarks
High School: Other - See Remarks
Property Features
Limited Service: Not Limited Service
Construction: Brick
Basement: Partial
Heating: Heat Pump Electric
Cooling: Heat Pump Electric
Water Description: Public
Sewer Description: Public Sewer
Water Heater Type: Tank
Water Heater Energy: Electric
Owner Expenses: Lawn Care; Trash Disposal; Water
Tenant Expenses: Cable TV; Electricity
Listing Office: IVY REALTY LLC
Last Updated: April - 18 - 2026
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