Kilmarnock Crossroads James B Jones Hwy Immeuble residentiel 12 lots 5 053 675 € (421 140 €/Lot) Kilmarnock, VA 22482

Kilmarnock Crossroads presents a unique investment opportunity in the growing Northern Neck region of Virginia. This offering includes 12 newly constructed townhomes and 23 finished lots, providing immediate income potential and future development upside. The property is fully serviced with all utilities to the site and offers flexible zoning and lot sizes, accommodating a range of residential configurations.
The project is positioned along James B Jones Highway, offering convenient access to the town of Kilmarnock and surrounding communities. The area features a strong local amenity base, including national retailers such as Walmart, CVS, and Tractor Supply, as well as dining options and essential services. Nearby institutions include Lancaster Elementary School and Rappahannock General Hospital, enhancing the appeal for families and long-term residents.
With a proforma gross income of $253,680 and a total asking price of $5,750,000, this property offers investors a compelling opportunity to acquire a stabilized asset with additional development potential. The combination of new construction, finished lots, and a desirable location positions Kilmarnock Crossroads as a rare find in a market with limited multifamily supply.