(Undisclosed Address), Richmond

$3,400,000

0 Bed
0 Bath
.18 Acre
0 Garage

Morton’s Apartments is a strongly-performing multifamily asset located on East Broad St & East Grace Street in the heart of Richmond’s Central Business District. Redeveloped in 2013 and renovated in 2019, the property comprises 23 Class A apartments and one commercial office space. With a walkability score of “97”, Morton’s Apartments are within walking distance of the largest employers and demand generators for downtown Richmond including the State Capitol and office buildings, MCV/VCU Health campus and medical school, VCU’s Monroe Park campus, headquarters for many of the region’s largest companies, and a myriad of local businesses, restaurants, cafes, galleries, retail stores, theatres, gourmet markets, etc. MORTON’S APARTMENTS’ prime location offers an investor the chance to lease to three different tenant profiles: young professionals, healthcare tenants, VCU Graduate Students. The property is on the route for the new GRTC Pulse bus rapid transit system and immediately proximate to all major highways.

Essential Information
MLS® #2106707
Price$3,400,000
Bathrooms0.00
Acres0.18
Year Built1910
TypeCommercial Sale
StatusActive
Community Information
AddressN/A
Area10 - Richmond
CityRichmond
CountyRichmond City
StateVA
Zip Code23219
Amenities
Is WaterfrontYes
Interior
HeatingHot Water
# of Stories3
Exterior
ExteriorBrick
Lot DescriptionLevel
RoofMetal
Additional Information
Days on Market32
Listing Details
OfficeOne South Realty Group, LLC

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All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2021 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

Listing information last updated on May 6th, 2021 at 5:30am EDT.