VA > South Boston > Greens Folly
South Boston, VA 24592,350 Powell Road
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South Boston, VA 24592,350 Powell Road
South Boston, VA 24592,350 Powell Road
South Boston, VA 24592,350 Powell Road
South Boston, VA 24592,350 Powell Road
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Pointe Realty Group

Pointe Realty Group

Pointe Realty Group

+1(919) 614-4360
$ 3,790,000
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350 Powell Road South Boston, VA 24592

112 Beds

45,402 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 45,402 sqft

Price per Sqft $83

Subdivision Greens Folly

MLS Listing ID 71598

Bedrooms 112

HOA Y/N No

Year Built 1968

Lot Size 7.980 Acres

Property Sub-Type Multi Family

Property Description

Great Investment Opportunity! Greens Folly Apartments consists of 9 low-maintenance brick buildings with a total of 65 units. Addresses are 1005, 1006, 1015, 1016, 1025, & 1026 Harris Dr; 350 Powell Rd; 319 & 323 Valley Dr South Boston, Va. There are 27 one bedroom, 29 two bedroom, and 9 three bedroom apartments, situated on 7.98 acres. The location is just minutes from retail, medical care, schools, and dining making this a top choice for prospective tenants. This 45,402-sq-ft property presents a favorable density profile and potential for future value-add strategies. Don't miss out on this property, which offers immediate scale, a favorable unit mix, and significant land value, and is positioned to capitalize on major regional economic drivers such as Virginia International Raceway, South Boston Speedway, Caesars Virginia Casino, & Hitachi Energy that has an expansion planned, creating over 800 new jobs. Buyer/Buyer's agent to verify all information.

Location

State VA

County Halifax

Area Halifax

Zoning R4

Interior

Heating Duct Forced Air, Heat Pump, Ductless

Cooling Heat Pump, Ductless

Flooring Carpet, Vinyl, Luxury Vinyl

Appliance Electric Water Heater, One Bedroom (Refrigerator), One Bedroom (Range), Two Bedroom (Refrigerator), Two Bedroom (Range), Three Bedroom (Refrigerator), Three Bedroom (Range), Four plus Bedroom (Refrigerator), Four plus Bedroom (Range)

Laundry W/D Hookup (One Bedroom), W/D Hookup (Two Bedroom), W/D Hookup (Three Bedroom), W/D Hookup (Four or More Bedroom)

Exterior

Parking Features Parking Lot

View Y/N No

Water Access Desc Public

Roof Type Composition

Garage Yes

Building

Lot Description 5-10 Acres

Sewer Public Sewer

Water Public

Schools

Elementary Schools South Boston Elementary

Middle Schools Halifax County Middle

High Schools Halifax County High School

Listed by Long and Foster - South Boston
Pointe Realty Group

Pointe Realty Group

+1(919) 614-4360

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