Richmond Vacancy Hit 8.2%: The West End Disaster at 19% (3 Submarkets Smart Money Is Buying)

Richmond's apartment vacancy just hit 8.2%—but that number is hiding a disaster. The West End is sitting at 19.2% vacancy right now. Nearly one in five units empty in one of Richmond's most expensive submarkets.

But three specific areas in Richmond are absorbing hundreds of units with vacancy rates under 8%. Smart investors are quietly moving capital into these submarkets while everyone else is panicking about the overall market.

In this video, I break down:

• Why Richmond's 8.2% vacancy masks a 19% West End crisis
• The 3 submarkets where smart money is buying (with actual data)
• Which zip codes to avoid at all costs in 2025
• How to spot the difference between a value trap and a real opportunity

🔴 The West End Disaster:19.2% vacancy—that's 2.3x the market average. If you bought here in 2023 thinking it was "premium location," you're likely underwater.

✅ The 3 Submarkets Smart Investors Target:I reveal the exact areas with the strongest fundamentals, lowest vacancy, and highest absorption rates based on October 2025 CoStar data.

📊 Market Data Breakdown:

• Richmond overall vacancy: 8.2%
• Best performing submarket vacancy: 4.9%
• Worst performing (West End): 19.2%
• Where construction is creating opportunity vs. oversupply

⚠️ This affects you if:

• You're looking to buy Richmond multifamily in 2025
• You own property in the West End and didn't realize the scope
• You want to understand submarket-level investing
• You're competing against institutional buyers for deals

Who Am I?Justin Ferguson | First Vice President Investments at Marcus & MillichapI specialize in multifamily acquisitions in Virginia and analyze thousands of units of data every quarter to help investors make informed decisions.

🔗 CONNECT WITH ME:📧 Business Inquiries: [your email]💼 LinkedIn: [your LinkedIn]🌐 Marcus & Millichap Profile: [your M&M page]

📚 RELATED VIDEOS:

• The $290 BILLION Real Estate Crisis: [link to Video 1]
• Why Everyone Is Wrong About the Housing Crisis: [link to Video 2]
• Virginia's $150B Wall Street Secret: [link to Video 3]

#RichmondRealEstate #MultifamilyInvesting #CommercialRealEstate #VacancyRates #VirginiaRealEstate #ApartmentInvesting #RealEstateAnalysis #WestEndRichmond #SubmarketInvesting #RealEstateData

DISCLAIMER:This video is for educational and informational purposes only and should not be construed as investment advice. All data is sourced from CoStar as of October 2025. Real estate markets change rapidly. Always conduct your own due diligence and consult with qualified professionals before making investment decisions.

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