The Lofts at the Lyric

A complete renovation of a block

long, historic mixed use property

http://www.loftsatthelyric.com/

Lyric Theatre

•Exterior brick and stonework was totally restored or replaced.

•Theatrical masks were reproduced and reinstalled after being

lost years ago

• All exterior windows and storefronts were replaced

College Avenue

•New storefront and window openings were added and awnings

installed in the “corner drug” red brick building

•Blacksburg has approved the design of the College Avenue

Promenade, a major overhaul to make it more pedestrian

friendly and encourage outdoor activities such as this street fair

Lofts at the Lyric

•Full featured kitchens with stone countertops and stainless

appliances

•Hardwood floors, exposed brick

•Ceramic tile steam showers, w/ multi headed wall jets.

Lofts at the Lyric

•Building features exterior door entry system and 24 hr

security cameras

•Elevator was installed for ADA access and convenience

•Washer and dyers in all units

Lofts at the Lyric

•10 foot exposed wood ceilings

•Ceiling fans and accent lighting in all living areas and bedrooms

•Skylights

Lofts at the Lyric

•Total of 11 units

•Remodel was completed in 2007

•Project is fully leased with the highest rents in region

Lofts at the Lyric

•Hallways feature motion activated lighting and skylights

to reduce costs and pollution

•Common areas are monitored by security cameras and

are climate controlled

Lofts at the Lyric

•Across the street from the Campus of Virginia Tech and

it’s 25,000 full time students

•In the downtown heart of Blacksburg

•NOI of the property was improved by over $300,000