265 Hallock Place

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265 Hallock Place

Abingdon, VA 24210
Asking Price
$3.50M
Asset Type
Multifamily
Class
Class B

What's Special

Hallock Townhomes <p>Spacious Townhome Product in a Strong Market — 38-unit community consisting entirely of large 2BR/1.5BA townhomes averaging approximately 975–1,000 SF in the desirable Abingdon, VA market. </p><p></p><p>Strong In-Place Income with Rent Growth Potential — Stable cash flow today with the opportunity to increase rents over time and further enhance investment returns. </p><p></p><p>Excellent Location with Diverse Employment Drivers — Convenient access to Interstate 81, downtown Abingdon, healthca

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NOI
$80,000
Cap Rate
2.29%
DSCR
0.38
Underwater
Cash-on-Cash
-12.17%
Monthly Payment
$17,316.09
Annual Cash Flow
$-127,793.084

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