Description
Excellent investment opportunity: Fully occupied mixed-use property for sale. Well-maintained with strong cash flows and additional upside potential. The Hawthorne House is a beautifully restored historic building with private parking on highest visibility corner of downtown Berryville. Nearly 9,000 Square Feet with 7 residential and 4 commercial units. Proven track record with long history of 100% occupancy & rent collection, including throughout Covid. Apartments are highly sought-after in an under-supplied market. Building supervisor currently on-site, providing ideal opportunity for more passive investor. Rare combination of stability and attractive ROI. Located in the heart of downtown Berryville, Virginia, 10 miles east of growing City of Winchester and 40 miles west of Dulles Airport.
Description
Excellent investment opportunity: Fully occupied mixed-use property for sale. Well-maintained with strong cash flows and additional upside potential. The Hawthorne House is a beautifully restored historic building with private parking on highest visibility corner of downtown Berryville. Nearly 9,000 Square Feet with 7 residential and 4 commercial units. Proven track record with long history of 100% occupancy & rent collection, including throughout Covid. Apartments are highly sought-after in an under-supplied market. Building supervisor currently on-site, providing ideal opportunity for more passive investor. Rare combination of stability and attractive ROI. Located in the heart of downtown Berryville, Virginia, 10 miles east of growing City of Winchester and 40 miles west of Dulles Airport.
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