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Updated 2 hours ago

Factory 88


320 12th St Lynchburg, VA

1 Bed
1 Bath

690 Sq. Ft.

Available starting May. 28th
1 Bed • 1 Bath
$995
690 ft2
1 Available
Managed By: Opal Partners LLC
G2
$995
Available May 28th, 2026
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Where you'll live
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Amenities
Keyless Entry
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Lease & Fees
Security Deposit: $995
Property details
Description

Factory 88, originally the Ford & Winfree Tobacco Factory (circa 1850), has been re-invented into twenty-three unique 1-bedroom apartments. Located just a short walk from the Lynchburg Community Market, restaurants, the Bluffwalk, YMCA, Rise Up climbing gym and trails along the James River, living at Factory 88 provides easy access to all of the events, nightlife and the luxuries of living downtown.
Our residences feature modern amenities including Whirlpool stainless steel appliances, high-efficiency central air, LED lighting, quartz countertops, in-unit washer/dryer, on-site paid parking, indoor bicycle storage room, a community use deck with grill and all of the rich character you’d expect from one of the earliest pieces of Lynchburg’s past. The building is access controlled and there is keyless entry on every apartment door for quick and easy access.

Additional Details
Total Unit Count: 23
Last Updated: Updated 2 hours ago
Contact Number: (434) 253-0101
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Comcast Corporation 300.0 10.0
ViaSat, Inc. 35.0 3.0
Hughes Network Systems, LLC 25.0 3.0
Verizon Communications Inc. 15.0 1.0
VSAT Systems, LLC 2.0 1.3
Data from June 2020 provided by the FCC
Photos Floor Plans Amenities
Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Factory 88 by bedroom type below.
1 Bedroom
Suggested income:
$35,800
per year
Rent report

Factory 88 Rent vs. Lynchburg Average

 Factory 88      Lynchburg Average
1BR
$995
$1,036
$0
$350
$700
$1,050
$1,400

Factory 88 is asking 4% less than the average 1 bedroom apartment in Lynchburg.

If you upsized to an average priced Lynchburg 2 bedroom apartment, you would pay 13% more per month.

If you downsized to an average priced Lynchburg studio apartment, you would pay 12% less per month.

Factory 88 provides 10% less square footage than the average Lynchburg 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Factory 88
1BR $995 $1.40 $2,985
Lynchburg Average
Studio $922 $1.90 $2,766
1BR $1,036 $1.40 $3,108
2BR $1,185 $1.10 $3,554
3BR $1,645 $1.10 $4,936
4BR $2,192 $1.10 $6,577

Availability in Lynchburg

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 152 2BR units on the market in Lynchburg. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
3% 32% 42% 20% 3%
Available Units in Lynchburg
Studio 12
1BR 118
2BR 152
3BR 72
4BR 11
Location
Nearby College
Nearby Hospitals
Name Distance
Centra Lynchburg Ge NER Al Hospital 1.69 mi.
Centra Health Virginia Baptist Hospital 3.13 mi.
Centra Specialty Hospital 3.15 mi.
Nearby Fire Stations
Name Distance
Lynchburg Fire Department 0.3 mi.
Lynchburg Area Joint Fire & Ambulance District 6.05 mi.
Powhatan County Fire Department 7.64 mi.
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
There are no units with move-in dates in the next 2 months. The next unit is available for move-in on May 28, 2026.
What's the square footage of the available units?
It's 690 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
Where is this property located?
This property is at 320 12th St in Lynchburg, VA. It's 0.1 miles northwest from the center of Lynchburg.
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