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Highlights
Pet Friendly
- Keyless entry
- Quartz countertops
- In-unit laundry
- Led lighting
- Whirlpool stainless steel appliances
- Modern amenities
Location
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Factory 88 earns a strong overall rating with standout scores for price, amenities, and location, suggesting excellent value and convenience. Notable features include keyless entry, quartz countertops, in-unit laundry, LED lighting, Whirlpool stainless steel appliances, and other modern amenities, while nearby top-rated elementary and middle schools add to its appeal.
Things you’ll love
Great for
| 1BR/1.5BA | 1 bed | 1.5 bath | 690 sqft | Factory 88 is one of downtown Lynchburg's oldest buildings dating back to 1850. The history of this location has been preserved in this apartment with repurposed original wood accenting the bar island kitchen and other areas of the apartment. You'll also see exposed natural stone and wooden beams and columns throughout the apartment. This is a two level loft located on the ground floor and includes a convenient half bathroom on the main level (the full bathroom is upstairs on the same level as the bedroom.) Apartment features include hardwood flooring throughout (tiled bathroom floor), quartz countertops, and stainless steel appliances. A large bedroom closet also houses the in-unit washer and dryer. Additional storage available in the main floor coat closet and utility closet. Paid on-site parking and keyless apartment entry offer additional convenience. Residents can enjoy peace of mind with building access control, ensuring a safe and secure living environment. Take advantage of the community-use grill should you grow bored of cooking on your stove. Experience urban living at its finest at Factory 88, located in the heart of downtown and just a few minutes walk from the Lynchburg Community (Farmers) Market. | ||
| 1BR/1.0BA | 1 bed | 1 bath | 666 sqft | Factory 88 was originally built in 1840 and renovated into modern apartments in 2016. Located in the heart of downtown, this location is just a few minutes walk from the historic Lynchburg Community (Farmers) Market. This top floor 1 bedroom, 1 bathroom features hardwood and tile flooring, quartz countertops, and exposed wooden beams and columns. The preferred bar island kitchen eliminates the need for a dining table. The ceiling throughout the apartment is original exposed wooden rafters and there are two exposed [painted] brick walls in the apartment, which are a nod to the rich history of this space. Rent includes in-unit laundry, trash removal and water and there is NO amenity fee for this location. Enjoy convenience and security with paid onsite parking and keyless entry. Have peace of mind with building access control, ensuring a safe and secure living environment. For those who enjoy outdoor gatherings, the community-use grill is perfect for hosting friends and family. Additionally, indoor bicycle storage is available for residents who plan to enjoy Lynchburg's many trail systems. |
Let's explore this property.
Apartment Amenities
| Water |
Appliances
| Dishwasher | Garbage Disposal |
| Icemaker | In-Unit Laundry |
| Microwave | Range/Stove/Oven |
| Refrigerator | Washing Machine/Dryer |
Tech
| Internet | Keyless Entry |
Building
| Cats OK | Dogs OK |
| Indoor Bicycle Storage |
Grounds
| Storage |
Services
| Trash Removal |
One-time.
One-time. Refundable.
| Units | 23 |
|---|
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 (Historic) 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. Rent includes trash removal and water. (There is NO amenity fee.)
How Factory 88 compares to other nearby properties.
Positives
Considerations
| Month | Median Rent |
|---|---|
| November 2024 | $895 |
| December 2024 | $895 |
| January 2025 | $895 |
| February 2025 | $895 |
| March 2025 | $895 |
| April 2025 | $895 |
| May 2025 | $895 |
| June 2025 | $884 |
| July 2025 | $895 |
| August 2025 | $895 |
| September 2025 | $896 |
| October 2025 | $915 |
| November 2025 | $902 |
| December 2025 | $897 |
| January 2026 | $895 |
| February 2026 | $895 |
| March 2026 | $898 |
| April 2026 | $921 |
| May 2026 | $907 |
| June 2026 | $895 |
| July 2026 | $925 |
| August 2026 | $909 |
| September 2026 | $932 |
| October 2026 | $1,010 |
| Month | Median Rent |
|---|---|
| August 2025 | $950 |
| September 2025 | $950 |
| October 2025 | $975 |
| January 2026 | $950 |
| March 2026 | $850 |
| April 2026 | $850 |
| September 2026 | $1,134 |
| October 2026 | $1,180 |
5828 apache ln
lynchburg, VA, 24502
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