05/22/2026
For Sale | Petersburg 7-Pack Single Family Rental Portfolio | Petersburg, VA
• 1211 Bland Street, Petersburg, VA 23803
• 1931 Richmond Avenue, Petersburg, VA 23803
• 21006 Butler Court, South Chesterfield, VA 23803
• 2131 North Whitehill Drive, Petersburg, VA 23803
• 26 Spring Street, Petersburg, VA 23803
• 48 Gibbons Avenue, Petersburg, VA 23803
• 609 South Adams Street, Petersburg, VA 23803
Over the past two years, the current ownership has transformed these assets from distressed condition into well-positioned, income-producing properties. Capital improvements include updated interiors, LVP flooring, modernized kitchens and baths, and the installation of central HVAC systems across all homes—a significant upgrade for this asset class. Most units also feature washer/dryer hookups.
The portfolio is currently 100% occupied, generating strong in-place rental income with an attractive average rent per unit. This offering provides investors with day-one cash flow supported by a stabilized rent roll, while minimizing near-term capital expenditure risk due to recent renovations.
For more information, contact Justin Sledd ([email protected]) or visit our website: https://www.onesouthcommercial.com/forsale/48-gibbons-avenue-petersburg-va/