201 Mountain Ave SW - Apartments FOR SALE


Roanoke, VA 24016
$950,000 USD
540-344-0040
201 Mountain Ave SW, Roanoke, VA for Sale
$950,000 USD
Apartments - FOR SALE
1/2
null | Request Cap Rate

201 Mountain Ave SW
Roanoke, VA 24016


HIGHLIGHTS

  • Prime historic Old Southwest Neighborhood
  • A Short Stroll to the Downtown Central Business District
  • All Brick Exterior

OVERVIEW

A fantastic 10 unit apartment building in historic Old Southwest just a short stroll from the downtown Central Business District. This property sits in the H-2 historic overlay district. This building has a great mix of 4 two bedroom apartments and 6 one bedroom apartments. Gross rental income is $80,940 per year. Rents range from $560 to $800 per month.

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$114 USD /SF

# OF UNITS

10

PRICE/UNIT

$95,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mountain Manor

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1962

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,395 SF

ZONING

MX

APN/PARCEL ID

102-0914

ASK ABOUT THIS PROPERTY

Courtnee BishopMKB RealtorsMore Info
540-344-0040

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Courtnee BishopMKB RealtorsMore Info
540-344-0040

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.