85 Green Meadow Ln - Multi-Family FOR SALE


Rocky Mount, VA 24151
$1,250,000 USD
540-342-0800
85 Green Meadow Ln, Rocky Mount, VA for Sale
$1,250,000 USD
Multi-Family - FOR SALE
1/9
null | Request Cap Rate

85 Green Meadow Ln
Rocky Mount, VA 24151


HIGHLIGHTS

  • Well maintained 18-unit apartment building
  • 30 minute drive from downtown Roanoke, VA
  • Excellent rental history

OVERVIEW

Located just 30 minutes from downtown Roanoke, VA, this well-maintained 18-unit apartment building in Rocky Mount, VA offers a solid investment opportunity with a stable tenant base and consistent rental income. The unit mix includes six, 2 bedroom/1bath units and twelve, 1bedroom/1bath units all with baseboard electric heat and window A/C. Renovated units include LVP flooring, new cabinets and countertops, and updated bathroom fixtures. The building is separately metered for electricity with the owner covering water and trash removal. Please contact the listing agent for financial and rent roll.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$1,157 USD /SF

# OF UNITS

18

PRICE/UNIT

$69,444

CAP RATE

Request Cap Rate

% LEASED

83%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Green Meadow Lane Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1955

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.59 AC

LAND SF

199,940 SF

ZONING

R3

APN/PARCEL ID

2040018500

ASK ABOUT THIS PROPERTY

Derek HicksWaldvogel Commercial Properties, Inc.More Info
540-342-0800

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Derek HicksWaldvogel Commercial Properties, Inc.More Info
540-342-0800

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