The Birches_2.2

1304 W. Graham Road, Richmond VA

98 Units

The property was purchased in August of 2016 at a purchase price of $5,450,000. It is situated 1.6 miles north of Virginia Commonwealth University (32,000 enrolled) and next door to Virginia Union University (1,700 enrolled).

DETAILS

Estimated Sales Price:  $10,000,000
Acquisition Price: - $ 5,450,000
Costs:  -$1,518,900
Estimated Profit:  $3,031,100