Commercial
()
14420 Peaceful Valley Rd, Abingdon, VA 24210
Price: $4,671,553
Price Per ft²: $218.04
List Date: 2026-02-06
DOM:
1
City Tax: $0 County Tax: $1,308
City Tax: $0 County Tax: $1,308
Year Built: 2000
Finished Area: 21,425 ft²
Unfinished: 0 ft² (not in garage)
Total Area: 21,425 ft² (Finished & Unfinished)
Heating: See Remarks Cooling: See Remarks Water & Sewage: See Remarks
Description
Looking for a truly passive, institutional-grade investment with long-term stability and statewide diversification? Don't miss this rare opportunity.Introducing an 11-property single-family residential portfolio strategically positioned across multiple markets throughout the state of Virginia. Offered as a cohesive portfolio, this asset delivers predictable income, minimal management, and durable long-term performance—making it an ideal fit for investors seeking a reliable yield with easy operations.Each home is 100% leased under long-term NNN agreements to a single national operator, ResCare Community Living. ResCare is a nationally recognized provider of residential and daily support services for individuals with intellectual and developmental disabilities, operating hundreds of community-based homes across the United States. ResCare partners with state agencies and healthcare systems to deliver long-term, mission-critical housing services, and its scale, corporate backing, and continuity-of-care model result in historically low turnover and stable performance across economic cycles.Under the current structure, the tenant is responsible for taxes, insurance, and maintenance, creating a true hands-off ownership experience with predictable cash flow and limited expense exposure. Lease terms extend well into the future, with several properties featuring annual rent escalations, further supporting long-term growth!The portfolio generates approximately $303,651 in annual NOI, supported by long-term leases—many in place for over a decade—with staggered expirations that provide durable, predictable income.Offered at $4,671,553, this is a rare chance to acquire a fully stabilized, professionally operated residential portfolio with long-term NNN leases, a national credit tenant, and minimal management requirements. Information deemed reliable but collected from third-party sources and subject to buyer and buyer's agent verification.
Community Information
- Geographical
- County: Washington
- Subdivision:
- Zoning: Residential
- School System
- Elementary
- Middle
- High
Interior
Exterior
Roof: See Remarks Exterior Finish: See Remarks
Photos
Listing by
The Addington Agency Bristol
