American Heritage building up for sale
One of Richmond’s first high-rises and it could be yours.
If you have $8.3 million you could be the proud owner of the American Heritage building at 1001 E. Main Street and its 57 apartments and 20 office and commercial units.
More details from Richmond BizSense.com.
The building is more than 100 years old and was one of Richmond’s first high-rises. It housed 12 floors of office space until it was converted into apartments in 2005. Now the building holds 23 one-bedroom apartments, 33 two-bedrooms and a single three-bedroom unit, as well as about three floors of commercial space.
Apartments rent between $800 and $1500 a month with the three-bedroom topping out at $2,100. Hunt said the property is about 92 percent occupied.
Image: American Heritage Apartments
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Richard Hayes
When Richard isn’t rounding up neighborhood news, he’s likely watching soccer or chasing down the latest and greatest craft beer.
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