A service of Scott P. Rogers, Associate Broker, Funkhouser Real Estate Group 540.578.0102 | scott@HarrisonburgHousingToday.com
2455 Campus View Cir, Harrisonburg, VA 22801 • $268,000
MLS# 668817 • For Sale
| Subdivision: | Campus View Condos |
| Area: | Harrisonburg |
| Heating: | Central Heat, Heat Pump |
| Cooling: | Central AC, Heat Pump |
| Circa: | 2008 (17 years old) |
| Lot Size: | 0.02 acres |
| Association Fee: | $265 |
| Days on Market: | 8 (since Sep 8, 2025) |
| Listing By: | LONG & FOSTER REAL ESTATE INC STAUNTON/WAYNESBORO |
Well maintained condo in great condition. This 4 Bedroom 4 bath condo is on the first level and is located in a building situated conveniently to pool, gym and clubhouse! Super investment for parents of JMU students with great cash flow potential! Perfect location for JMU students! Interior Painted 7/2024. New Carpet installed in 2023 & 2024. All four bedrooms are currently leased through July 31,2026. Tenants require 72 hours notice before viewing, so reach out to your favorite realtor to set up a showing ASAP! Condo comes furnished.
| Elementary School: Stone Spring | Middle School: Skyline | High School: Harrisonburg |
Sample Campus View Investment Analysis....
| Property Details | ||
| Purchase Price | $0 | based on median sales price |
| Income (Annual) | ||
| Monthly Rental Rate | $2,200 | estimate based on currently available rental data |
| Projected Vacancy | 4% | half a month per year |
| Gross Operating Income | $25,344 | |
| Expense (Annual) | ||
| Real Estate Taxes | $0 | estimate based on median sales price |
| Repairs | $2,200 | estimate based on typical property condition |
| Association Dues | $2,352 | estimated to be $196 per month |
| Property Management | $0 | assuming self management |
| Insurance | $0 | estimate based on recent trends |
| Utilities | $0 | assumes tenant pays all utilities |
| Advertising | $100 | estimate |
| Total Operating Expenses | $4,652 | |
| Cash Flow Before Tax | ||
| Gross Operating Income | $25,344 | |
| - Operating Expenses | - $4,652 | |
| Net Operating Income | $20,692 | |
| - Annual Debt Service | - $0 | financing 80% of the purchase price at 7.75% |
| Cash Flow Before Taxes | $20,692 | |