Sales Price: $4,495,000
- Year Built: 2000
- County Tax: $1,308
- Lot Size: 0.69 acre(s)
- Finished Area: 21,425 ft²
- Unfinished: 0 ft²
- Total Area: 21,425 ft²
- Heating: See Remarks
- Cooling: See Remarks
- Water / Sewage: See Remarks
Looking for a stabilized, income-producing residential portfolio with long-term tenancy and statewide diversification? Don't miss this rare opportunity. This 11-property single-family residential portfolio is strategically positioned across multiple markets throughout the Commonwealth of Virginia and is offered as a cohesive investment package. The portfolio provides durable cash flow, long-term occupancy, and operational consistency, making it an attractive opportunity for investors seeking reliable performance across multiple locations. Each home is 100% leased under long-term 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. The company partners with state agencies and healthcare systems to deliver long-term, mission-critical housing services, resulting in historically low turnover and stable occupancy across economic cycles. The current owner reports a strong and cooperative working relationship with ResCare throughout the hold period, contributing to streamlined communication and consistent property oversight. ResCare also maintains its own internal maintenance department that handles repairs and ongoing maintenance responsibilities covered under the lease agreements, supporting efficient day-to-day property operations. Lease terms extend well into the future, with several properties featuring annual rent escalations that support long-term income 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 contribute to consistent cash flow and reduced rollover exposure. Offered at $4.495 million, this is a rare opportunity to acquire a fully stabilized residential portfolio backed by long-term tenancy, geographic diversi
Lot Dimensions: See Remarks
Community: Washington County, , Subdivision, Zoned RESIDENTIAL
Schools: Elementary, Middle, High
Interior Features:
Exterior Features:
Roof: See Remarks Exterior Finish: See Remarks