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| Bedrooms: | 0 | Full Bathrooms: | 0 | Half Bathrooms: | 0 |
| Type: | Commercial Lease | Sub Type: | MLS Number: | 9990919 | |
| Living Area: | 21,425 | Lot Acreage: | 1 | Year Built: | 2000 |
| Elementary School: | Middle School: | High School: |
Property 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.
Listing Status
Active
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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 Videos: (none) Virtual Tours: (none)
Listing Courtesy:
The Addington Agency Bristol
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