Basic Information:

Bedrooms: 0

Full Bathrooms: 0

Half Bathrooms: 0

Type: Commercial Lease

Sub Type:

MLS Number: 9990919

Lot Acreage: 0.69000

Living Area: 21,425

Year Built:2000

Elementary School:

Middle School:

High School:

Public Remarks: 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.

Listing Courtesy:The Addington Agency Bristol

More Listing Info:

AC:See Remarks11: true

Business Type:Residential2: true

Contract Info:Foreclosure: No

Development Status:Infrastructure In: true

Electric Service:See Remarks36: true

Exterior Finish:See Remarks3: true

General Property Description:Acres: 0.69

General Property Description:Annual Lease: 303651.0

General Property Description:HOA YN: No

General Property Description:Lease: Yes

General Property Description:Lot Size2: See Remarks

General Property Description:Total SqFt Finished: 21425.0

General Property Description:Total SqFt Unfinished: 0.0

General Property Description:Zoning2: Residential

Heating:See Remarks10: true

Info Available:Leases2: true

Info Available:Rental Roles: true

Location Tax Legal Info:Block: B

Location Tax Legal Info:City Taxes: 0.0

Location Tax Legal Info:County Taxes: 1308.06

Location Tax Legal Info:Lot #: 14

Other Equipment:See Remarks38: true

Possession:See Remarks17: true

Property Condition:Above Average: true

Remarks Misc:Directions3: See Remarks

Remarks Misc:Public Remarks7: 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.

Restrictions:See Remarks34: true

Road Access:See Remarks32: true

Sale Includes:Fee Simple: true

Sewer:See Remarks25: true

Water:See Remarks12: true