2595 Waterlick Road

Lynchburg, VA 24502

$60,000,000
Price
5
Beds
4
Baths
25,000 Sq. Ft.
$2,400 / Sq. Ft.
25,000
Sq. Ft.
$2,400
per Sq. Ft.

Description

The Epiphany @ Blue Ridge Commons is an exclusive enclave of 240 meticulously designed luxury apartment units that will blend sophistication with comfort. Construction and lease-up soon to begin. This community is strategically priced with a conservative 6% CAP Rate that comes in 5M under market value, positioning experienced investors with a huge upside and built in equity. Conveniently located near major highways and public transportation this community will also feature resort-style amenities...The Epiphany @ Blue Ridge Commons is an exclusive enclave of 240 meticulously designed luxury apartment units that will blend sophistication with comfort. Construction and lease-up soon to begin. This community is strategically priced with a conservative 6% CAP Rate that comes in 5M under market value, positioning experienced investors with a huge upside and built in equity. Conveniently located near major highways and public transportation this community will also feature resort-style amenities with a luxury clubhouse, pool, and fitness center.
  1. Listed by Scottie Booker • Divine Fog Realty Company LLC

Amenities

  • Private Outdoor Space
  • Washer / Dryer in Unit
LISTING UPDATED: 08/01/2024 01:59 PM

Property Details for 2595 Waterlick Road

StatusActive
MLS #353779
Days on Market144
Taxes$1 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Multi-Family
Year Built9999
Lot Size5.00 AC / 217,800 SF
CountyCampbell County

Building Information for 2595 Waterlick Road

Stories-Residences240Year Built9999Building Size-Lot Size5.00 AC / 217,800 SF

Property Information for 2595 Waterlick Road

Summary
Location and General Information
  • County/City: Campbell
  • State: VA
  • ZIP: 24502
  • Area: Campbell
  • Longitude: .00
  • Latitude: .00
  • City/Town: Lynchburg
Taxes and HOA
  • Estimated Taxes: $1.00
  • Taxes Expense: $.00
  • Association: Lynchburg Board of Realtors
  • Association Fee: 0.00
School Information
  • School District: Campbell
Property
Lot Information
  • Acres: 5.0
  • Lot Measurement: Acres
  • Lot Size Source: (Owner)
  • Lot Square Footage: 217800.0
  • Square Footage: 25000.0
  • Est Foundation Sqft: 0.0
  • Est Other Sqft: 0.0
Property and Assessments
  • Property Type: Multi-Family
  • Property Subtype 1: Multi-Family
  • Year Built: 9999
  • Age: 0
  • FIPS Code: 31
  • Legal Description: TBD
  • Property Disclaimer: All information herein has not been verified and is not guaranteed
  • Special Features: New Construction
  • Allow Auto Estimate: No
  • Allow Reviews: No
  • Validated: Yes
Utilities
  • Water Expense: $0
  • # of Water Meters: 0
  • Electric Expense: $0
  • # of Electric Meters: 0
  • # of Gas Meters: 0
Interior and Exterior Features
Interior Features
  • Limited Services: No
  • Three Quarter Bathrooms: 0
Multi Family
Multi-Family Information
  • Total Number of Units: 240
  • Number of Unfurnished Units: 240
  • Number of Furnished Units: 0
Unit 1
  • Unit 1 Bedrooms: 2
  • Unit 1 Full Baths: 2
  • Unit 1 Half Baths: 0
  • Unit 1 Occupancy: Vacant
  • Unit 1 Rent Amount: $1,600.00
  • Unit 1 Square Feet: 900.0
  • Unit 1 Amenities: Balcony/Patio, Carpet, Dishwasher, Disposal, Dryer, Dryer Hookup, Range/Oven, Refrigerator, Smoke Alarm, Washer, Washer Hookup
Unit 2
  • Unit 2 Bedrooms: 3
  • Unit 2 Full Baths: 2
  • Unit 2 Half Baths: 0
  • Unit 2 Occupancy: Vacant
  • Unit 2 Rent Amount: $1,750.00
  • Unit 2 Square Feet: 1000.0
  • Unit 2 Amenities: Balcony/Patio, Carpet, Dishwasher, Disposal, Dryer, Dryer Hookup, Range/Oven, Refrigerator, Smoke Alarm, Washer, Washer Hookup
Unit 3
  • Unit 3 Full Baths: 0
  • Unit 3 Half Baths: 0
  • Unit 3 Rent Amount: $.00
  • Unit 3 Square Feet: 0.0
Unit 4
  • Unit 4 Full Baths: 0
  • Unit 4 Half Baths: 0
  • Unit 4 Rent Amount: $.00
  • Unit 4 Square Feet: 0.0
Unit 5
  • Unit 5 Full Baths: 0
  • Unit 5 Half Baths: 0
  • Unit 5 Rent Amount: $.00
  • Unit 5 Square Feet: 0.0
Unit 6
  • Unit 6 Full Baths: 0
  • Unit 6 Half Baths: 0
  • Unit 6 Rent Amount: $.00
  • Unit 6 Square Feet: 0.0
Income and Expenses
  • Gas Expense: $0
  • Heat Expense: $0
  • Insurance Expenses: $0
  • Maintenance Expense: $0
  • Net Oper Income: $3,618,000
  • Annual Gross Income: $4,824,000

Property History for 2595 Waterlick Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2595 Waterlick Road

Taxable ValueLand$42,000Additions$114,900Total$156,900
Tax Record2022$816 ($68 / month)
Home Facts
Beds3Baths1.5Total Finished SqFt2,295 SqFtAbove Grade Finished SqFt1,971 SqFtFinished Basement SqFt324 SqFtStories1Lot Size200,376 SqFtStyleSingle Family ResidenceYear Built1962ZoningR-MFCountyCAMPBELLAPN0210-0A000-060-0Fireplace TypeHas Fireplace

Schools near 2595 Waterlick Road

This home is within Campbell County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Leesville Road Elementary School
PublicPK to 5

Brookville Middle School
Public6 to 8

Brookville High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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2595 Waterlick Road is a multi-family home for sale in Lynchburg, VA 24502. This property was listed for sale on July 31, 2024 by Divine Fog Realty Company LLC, it's currently listed at $60,000,000. It has been on the market for a total of 144 days and was last sold on October 14, 2022. This listing's school district is Campbell County Public Schools. Nearby schools include Leesville Road Elementary School, Brookville Middle School and Brookville High School. 2595 Waterlick Road is a 5-bed, 4-bath, 25,000 sqft multi-family home built in 9999.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Divine Fog Realty Company LLC, Scottie Booker

Based on information from one of the following Multiple Listing Services: CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.