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All units have great rental history!
Numerous recent upgrades to the properties!
602
Day Ave (18 units)
(12) 1BR
units, (6) 2BR units
Built in 1986
Building Size: 12,240+/-sf (4,080+/-sf per floor)
Lot size: 0.45 acres (150' x 130')
Tax Parcel: 1120513
Legal
Description: Lots 12-14, Block 3, Lewis Reserve
Annual Income: $97,200
618 Day Ave (10 units)
(4) 1BR
units, (2) 2BR units, (4) 4fficiency units
Built in 1928
Building Size: 7,500+sf with 3,750+/-sf basement
Lot size: 0.15 acres (50' x
130')
Tax Parcel: 1120511
Legal Description: Lot 10, Block 3, Lewis Reserve
Annual Income: $46,200
620 Day Ave (4 units)
(4) 1BR units
Built in 1922
Building Size: 2,484+sf with 1,242+/-sf basement
Lot size: 0.15 acres (50' x
130')
Tax Parcel: 1120510
Legal Description: Lot 9, Block 3, Lewis Reserve
Annual Income: $20,700
813 Ferdinand Ave (8 units)
(8) 1BR units
Built in 1930
Building Size: 6,568+sf with 1,642+/-sf basement
Lot size: 0.15 acres (50' x
130')
Tax Parcel: 1120510
Legal Description: Lot 15, Block 2, Barnes
Annual Income: $41,400
Each building sells
separately.
All buildings sell from 602 Day Ave property.
Directions to Day Avenue buildings:
Take 581 to Exit 6 (VA-24/Elm Avenue)
Take Elm Avenue SE to right on 6th Street SW
Turn left onto Day Avenue SW
602 Day Avenue is on the left
Directions to Ferdinand Avenue property (from Day Avenue
properties):
Turn right onto 6th Street SW
Turn right onto U.S. 221/Elm Avenue SW
Turn right onto Ferdinand Avenue SW
813 Ferdinand Avenue is on the right
Property Previews
Thursday, July 29th
Day Ave (11am-12pm)
Ferdinand (12:30-1:30pm)
Sale Managers: Bill
Bryant, CAI, AARE &
Chris Gentry of Gentry Commercial Real Estate (434) 485-8901
Call for Appointment to Preview Properties.
Terms: 5% Buyer’s Premium added to the high bid to
determine contract sale price. 10% deposit due on the day of the auction
with the balance due at closing within 30 days. Potential buyers must
perform such independent investigations with respect to property as they
deem necessary to verify information provided by the auction company
and/or seller. All information provided by the auction company and/or
seller is deemed reliable but not warranted. All property is being sold
“as is” without representations or warranties of any kind or nature.
Please inspect the property before bidding. All sales are final.
Announcements made the day of the auction take precedence over all prior
releases, verbal and written, concerning this sale. The auction company
and its representatives represent the seller.
