rIDGE vIEW

1130 Ridge Rd. ​ | ​ Martinsville, VA 24112

48 Units

55,920 Avg

Sq Ft

Built 2001

The Opportunity

Ridge View Apartments is a 48-unit affordable housing community located in Martinsville, VA. The property is conveniently located minutes from major retailers including Belk, Kroger, and Food Lion. Numerous restaurants, parks, healthcare providers, public schools, and major transportation arteries are nearby as well.

The property was built and placed in service in 2001 under the Section 42 Low-Income Housing Tax Credit (LIHTC) program. There is an existing regulatory agreement in place which requires all units to be rented to income qualifying residents earning no more than 50% and 60% of the Area Median Income (AMI) limits, which are provided by the Virginia Housing Development Authority. The property is beyond its initial compliance period.

Ridge View Apartments offers spacious two and three bedroom floor plans featuring washer and dryer connections, a private patio/balcony with extra storage, and walk-in closets. Community amenities include a clubhouse, a playground, an on-site laundry center, and a grilling area.

Community Amenities

  • Convenient Location
  • Clubhouse
  • Playground
  • On-Site Laundry Center
  • Grilling Area

Unit Amenities

  • Private Patio/Balcony with Extra Storage
  • Washer/Dryer Connections
  • Walk-In Closets

Contact Us

BOISE OFFICE

6225 North Meeker Pl.

Suite 210

Boise, ID 83713

NORFOLK OFFICE

207 Graby Street
Suite 201
Norfolk, VA 23510

BErkadia Team

Investment Sales

MIKE TERRY

Associate Director
425.761.1640
mike.terry@berkadia.com

CARTER WOOD

Director
804.780.9247
carter.wood@berkadia.com

BRANDON GRISHAM

Senior Managing Director
253.653.3313
brandon.grisham@berkadia.com

RIDGE VIEW

1130 RIDGE RD. ​ | ​ MARTINSVILLE, VA 24112

Berkadia®, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry. This advertisement is not intended to solicit commercial mortgage loan brokerage business in Nevada. ​ ​

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