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Published on: Mon, Nov 17, 2025 1:21 PM
Updated on: Mon, Nov 17, 2025 1:23 PM
About the Lister
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Name: Eric Vu
Company: Anchor Point Capital
Office Phone:  949.667.1077
Cell Phone:  949.667.1077
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Financing  Business  Material

  Caliber Collision

327 S College Ave Salem Virginia , 24153
327 S College Ave Salem Virginia , 24153  Anchor Point Capital
Listing ID: CL-California-27282 Mixed Use/Retail
Quick Glance
Listing ID: CL-California-27282
Status: Accepting Offers
Property Status: Bank/Corporate Owned
Building Status: Existing
Year Built: 1953
Building Size: 1,200.00 Sq Ft.
Total Rooms: 4
No of Bedrooms: 3
No of Bathrooms: 1
No of Half Bathrooms: N/a
No of Total Units: 6
Lot Area: 1,200.00 Sq Ft.
No of Stories: 1
No of Parking: 2
No of Garages: N/a
Pool: No
Water Front: No
Roofing: Tile
Attached Documents
  • Download | 2626-NE-2ND-Ave_v2.1.pdf ( 3,425.03KB)
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Listing Summary
Move into this fully renovated single-family home—everything is brand new! Features include high-efficiency A/C, new stainless steel appliances, new kitchen cabinets, quartz countertops, LED lighting, a new bathroom, and updated flooring. Ready fo...
Complete Details
Year Build: 1953
Building Size: 1,200
Total Lot Area: 1,200
No. of Stories: 1
No. of Parking: 2
No. of Total Units: 6

Total Rooms: 0

No. of Bed Rooms: 3
No. of Bath Rooms: 1
No. of Half-Baths: 0
No. of Garages: 0
No. of Kitchen: 1
Property Current Status: Bank/Corporate Owned
Building Status: Existing
Heating and Cooling: Not Specified
Furnished: No
Water Front: No
Pool: No
Roofing: Tile
Detail Description

Move into this fully renovated single-family home—everything is brand new! Features include high-efficiency A/C, new stainless steel appliances, new kitchen cabinets, quartz countertops, LED lighting, a new bathroom, and updated flooring. Ready for move-in by November 7, 2025. Tenants must have a 620+ credit score and a minimum monthly income of $7,500. Washer and dryer are located on the patio. An efficiency unit is currently under construction to the left of the house.

Additional Properties
Property Highlights
  • Strong Corporate Guarantee: The lease is backed by Caliber Collision (Wand NewCo 3, Inc.), a dominant market leader with over 1,800 locations nationwide and a history of robust financial performance.
  • Attractive Rental Escalations: The lease features 10% rent increases every five years, providing a significant boost to the Cap Rate and ensuring the investment outpaces inflation.
  • Passive Income Stream: With approximately 8 years remaining on the primary term, this investment offers long-term cash flow with minimal management oversight.
  • Superior Demographics: Strategically located in an above-average income area with an Average Household Income (AHHI) of $84,000 within a 1-mile radius, ensuring a steady flow of high-value customers and insurance-backed claims.
  • Essential & Recession-Resistant: Automotive repair is an e-commerce-proof industry. Regardless of economic shifts, collision repair remains a necessity, making this a "safe haven" asset for conservative investors.
Listing Address
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Created On: 12/22/2025
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