Virginia / Petersburg / 23803 / 12000 E Quaker Rd

12000 E Quaker Rd

Q: What is the building size of this Multifamily property in Petersburg, VA?

The size of the building/unit at 12000 E Quaker Rd in Petersburg is 89,264 square feet.

Q: How much land does the Petersburg, VA property at 12000 E Quaker Rd include?

12000 E Quaker Rd in Petersburg includes 1.000 acres of land.

Q: What is the population within 1 mile of 12000 E Quaker Rd?

The population within 1 mile of 12000 E Quaker Rd Petersburg, VA 23803 is 8,146 people.

Q: Who do I contact for questions about 12000 E Quaker Rd?

You should contact the listing agent, Susan Haas, for any details regarding this commercial listing.

Petersburg, VA 23803

Listing ID: 273967

Print Single-Page Version

12000 E Quaker Rd | for Sale | Thumbnail 1

12000 E Quaker Rd | for Sale | Thumbnail 2

12000 E Quaker Rd | for Sale | Thumbnail 3

Building Size: 89,264 SF

Lot Size: 1.000 AC

Land Size: 43,560 SF

Building $/SF: --

Land $/SF: --

Price

Contact for Price

Property Highlights

10.5 Cap Rate

$417,448 NOI

46 affordable-rate properties

Petersburg is a travel destination for a rich history and culture.

231-acre Va. State University current enrollment4,302

Income-producing residential portfolio offers oppoortunity to add value and increase rents

Description

10.5% Cap Rate Portfolio of 46 Properties located in Downtown Petersburg area and including 12 multi-family, 30 single-family, 2 commercial and 1 vacant lot at Va. State University, Fort Lee military base, multiple industrial companies, such as tobacco companies, Walmart distribution and Amazon.com in neighboring Dinwiddie County provide a stable and growing tenant base and opportunity to increase rents with improved market conditions, increased rental population and investment in property shell, systems, new kitchens, baths and miscellaneous upgrades. Petersburg is located on the Interstate 95 corridor is experiencing rapid population growth and development. With existing Amtrak daily northeast regional connection and the planned east coast light-rail system Petersburg is more accessible and an affordable option. sold 'as is'

CONTACT AGENT

Attachments & Files

offeringmemorandum-7-LjT-aLX.pdf

Points of Interest & Demographic Radii

Points of Interest

Demographic Radii

POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

Richmond History of Multifamily Housing for Sale

Listing Demographics for 12000 E Quaker Rd Petersburg, VA 23803

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

Demographics Charts

Demographics Tables

Total Population		8,146	44,339	77,255
Population Median Age		39	39	38
Population by Age	0-9 Yrs	1099 (13%)	5590 (12%)	10268 (13%)
	10-19 Yrs	724 (8%)	5412 (12%)	10465 (13%)
	20-29 Yrs	1574 (19%)	7517 (16%)	11889 (15%)
	30-39 Yrs	947 (11%)	5188 (11%)	9918 (12%)
	40-49 Yrs	727 (8%)	4540 (10%)	8511 (11%)
	50-59 Yrs	1132 (13%)	5825 (13%)	9760 (12%)
	60-69 Yrs	1089 (13%)	5440 (12%)	8617 (11%)
	70+ Yrs	853 (10%)	4828 (10%)	7828 (10%)

Median HH Income		$31,950	$42,182	$48,465
Total Household Income	< 24K	1522 (42%)	5385 (30%)	7251 (24%)
	25-49K	969 (27%)	4842 (27%)	7829 (26%)
	50-74K	551 (15%)	3047 (17%)	5493 (18%)
	75-99K	268 (7%)	1939 (11%)	3673 (12%)
	100-199K	200 (5%)	2032 (11%)	4308 (14%)
	200K+	49 (1%)	245 (1%)	673 (2%)

Highest Education Level	No Diploma	1129	4491	6792
	Diploma or GED	2028	10134	16655
	Some College	1160	6866	11965
	Assoc. Degree	316	1872	3928
	Bachelors Degree	565	3711	7070
	Higher Degree	442	2286	4143

Total Housing Units		4,564	21,132	34,043
--Owner-Occupied		988	8,309	14,798
--Renter-Occupied		2,571	9,183	14,429
Owner-Occupied Values	< 100K	534	2611	3306
	100-199K	318	4495	8023
	200-299K	94	891	2465
	300-399K	6	137	614
	400-499K	4	49	172
	500K+	32	126	218

Total Working Age Population		6,650	35,906	61,150
In Work Force		3,689	21,663	38,178
Not In Work Force		2,961	14,243	22,972
Workforce Employed		3,205	18,750	32,650
Workforce Unemployed		356	2,392	3,597
Civlian Workforce		3,561	21,142	36,247
Military Workforce		128	522	1,931

Total Households		3,559	17,492	29,226
Family Households		1,444	9,518	17,422
Non-Family Households		2,115	7,974	11,804
Married Couple		586	4,620	9,906
Other Family		858	4,899	7,516
Married w/Child		191	1,335	3,800
Single Male w/Child		46	432	828
Single Female w/Child		364	1,939	3,025

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Virginia	7,078,515	+13	8,001,024	+8	8,655,021	+8	9,331,666
Chesterfield County	259,903	+22	316,236	+12	353,841	+12	396,647
Dinwiddie County	24,533	+14	28,001	+2	28,669	+6	30,473
Prince George County	33,047	+8	35,725	+5	37,613	+5	39,408
Colonial Heights city	16,897	+3	17,411	+1	17,631	+1	17,766
Hopewell city	22,354	+1	22,591	+1	22,852	0	22,781
Petersburg city	33,740	-4	32,420	-2	31,671	-5	30,166

Common Questions and Answers

What is the building size of this Multifamily property in Petersburg, VA?

The size of the building/unit at 12000 E Quaker Rd in Petersburg is 89,264 square feet

How much land does the Petersburg, VA property at 12000 E Quaker Rd include?

12000 E Quaker Rd in Petersburg includes 1.000 acres of land

What is the population within 1 mile of 12000 E Quaker Rd in Petersburg?

The population within 1 mile of 12000 E Quaker Rd Petersburg, VA 23803 is 8,146 people.

Who do I contact for questions about 12000 E Quaker Rd?

You should contact the listing agent, Susan Haas, for any details regarding this commercial listing.

Other Listings for Sale Nearby

Closest Commercial Airports

Airport	Distance (mi)	Directions
Richmond International Airport (RIC)	20
Newport News Williamsburg International Airport (PHF)	50
Norfolk International Airport (ORF)	70

12000 E Quaker Rd

Petersburg, VA 23803

Property Highlights

Description

CONTACT AGENT

Attachments & Files

Points of Interest & Demographic Radii

Richmond History of Multifamily Housing for Sale

Petersburg Area Market Trends

Listing Demographics for 12000 E Quaker Rd Petersburg, VA 23803

Common Questions and Answers

Other Listings for Sale Nearby

Closest Commercial Airports

Susan Haas

Joyner Commercial

VIEW AGENT PROFILE

CONTACT AGENT

Share

Other property types near Petersburg, VA