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$2,100,000 Just Listed
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Property Description
Great Investor Opportunity, the property includes a 10 unit Apartment Building (all units currently Leased) and has very High Occupancy Rate with 6 two bedroom apartments and 4 one bedroom apartments. The Rec Center needs work but has unlimited opportunity. On the lower level is a full size Basketball/Volleyball Court and an Olympic size indoor 6 lane pool, great for competitions and general recreational swimming. Also on the Lower level with the pool and Basketball Court are both Men's and Women's restrooms and shower facilities. On the main level there is a spacious room ideal for Yoga classes and other exercises programs like Pilates and Ti Chi and a completely separate aerobic/weight room. There are rooms suitable for child daycare and an individual Infant care room as well. In the rear of the facility is a 7,800 sq ft space with a 10 lane bowling alley currently covered over to use as a play area and inflatable bounce house. (Bowling Lane Components are On site). The whole facility does need some updates but the potential is there. Strasburg has and is seeing substantial growth and its proximity to I-81 & I-66 is a plus. Owner Financing options could be possible.
Full Property Details
Full Property Details for 35 & 18 Signal Knob Dr
General
- Price: $2,100,000
- Taxes: $23,444 (2022)
- Status: Active
- Type: Apartment
- Source: BrightMLSMidAtlantic
- MLS ID: VASH2013938
- Updated: 4/6/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Apartment Building, Bowling Alley, Hair Salon and Sp
Rooms
Bathrooms
- Restrooms: 4
Parking
- Total Spaces: 50
- Parking Features: Paved Parking
- Parking Type: Parking Lot
Location
- County: SHENANDOAH
- Driving Directions: Exit I-81 and take Rt 11 toward downtown Strasburg, go approx. 1 mile and past Ramada Inn turn left onto Signal Knob Dr and Apartment immediately on the right and Rec center just past it on the right.
- City Limits: Yes
School Information
- Elementary School: Sandy Hook
- Middle School: Signal Knob
- High School: Strasburg
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air, Heat Pump(s)
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Metal Siding, Vinyl Siding
- Building Size: 41488
- Year Built: 1998
- Year Built Source: Estimated
Unit Information
- # Tenants: Multiple
- Other Units: Unit 1, Unit 2, Unit 4, Unit 5, Unit 3
Lot Features
- Property View: Mountain
- Lot Size (Acres): 4.28
- Lot Size (Sq. Ft.): 186,306
- Lot Size Source: Estimated
- Street/Road Desc.: Black Top, Gravel
- Zoning: C2
- Lot Description: Cleared
Financial Considerations
- Price Per Sq. Ft.: $50.62
- Assessment Year: 2022
- City/TownTax: $4,327
- City/TownTax Freq: Annually
- County Tax: $19,116
- County Tax Freq: Annually
- Tax w/Assessment: $3,295,900
- Tax Amount: $23,444
- Tax Year: 2022
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: See agent remarks and/or documents
- Lot Number: 181A
Listed by ERA Valley Realty, Mike Beasley
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Schools
Schools serving 35 & 18 Signal Knob Dr
School District:Shenandoah County Public Schools
| Name | Grades | Distance |
|---|---|---|
Sandy Hook Elementary School 162 Stickley Loop, Strasburg, VA 22657 | PK-5 | 1.8 mi |
Signal Knob Middle School 687 Sandy Hook Road, Strasburg, VA 22657 | 6-8 | 1.9 mi |
Strasburg High School 250 Ram Drive, Strasburg, VA 22657 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 35 & 18 Signal Knob Dr
Date
Details
Price
Change
Source
4/06/2026
Listed
$2,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 35 & 18 Signal Knob Dr
35 & 18 Signal Knob Dr, Strasburg, VA 22657 (MLS# VASH2013938) is a Apartment property. 35 & 18 Signal Knob Dr is currently listed for $2,100,000 and was received on April 06, 2026. Want to learn more about 35 & 18 Signal Knob Dr? Do you have questions about finding other Apartment real estate for sale in Strasburg? You can browse all Strasburg real estate or contact a Coldwell Banker agent to request more information.

