REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Larry C. LeSueur

423.homes@larrydoesthat.com +1(423) 631-8232

$ 4,495,000

Save

Price Dropped by $176K

14420 Peaceful Valley RD Abingdon, VA 24210

21,425 SqFt

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Rent

Square Footage 21,425 sqft

Subdivision Not In Subdivision

MLS Listing ID 9990919

HOA Y/N No

Total Fin. Sqft 21425

Year Built 2000

Lot Size 0.690 Acres

Acres 0.69

Lot Dimensions See Remarks

Source Tennessee/Virginia Regional MLS

Property Description

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.

Location

State VA

County Washington

Community Not In Subdivision

Area 0.69

Zoning Residential

Direction See Remarks

Interior

Heating See Remarks

Cooling See Remarks

Equipment See Remarks

Heat Source See Remarks

Exterior

Roof Type See Remarks

Road Frontage See Remarks

Building

Sewer See Remarks

Water See Remarks

Structure Type See Remarks

New Construction No

Others

Senior Community No

Tax ID 122 2 B 14a

Acceptable Financing See Remarks

Listing Terms See Remarks

Listed by Garrett Addington • The Addington Agency Bristol

Nearby Locations

Larry C. LeSueur

Real Estate Professional, Realtor | License ID: TN 361390, NMLS# 2467587

+1(423) 631-8232

Larry C. LeSueur

14420 Peaceful Valley RD Abingdon, VA 24210

Key Details

Location

Interior

Exterior

Building

Others

Nearby Locations

GET MORE INFORMATION

Go tour this home

14420 Peaceful Valley RD