14420 Peaceful Valley Road, Abingdon, VA 24210 - $4,495,000

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 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 diversification, and an established national operator. 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 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 diversification, and an established national operator. 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