Roanoke Multifamily Portfolio
Roanoke, VA Old Southwest

$1,950,000 USD

Multifamily For Sale • 20,222 SF

7 Properties View all

Property Details

Property Type Multifamily

48 Transit Score

76 Walk Score

                
                    Highlights
                
                                Stabilized 17-unit portfolio across seven properties, underwritten with sufficient cash flow to support new leverage.
                            
                                Significant recent capital improvements, including HVAC replacements, roof projects, interior updates, and mechanical upgrades.
                            
                                Blended in-place rents of $0.88 per SF, offering clear upside through lossto-lease recapture and targeted cosmetic improvements.
                            
                                Opportunity Zone location and MX zoning on Old Southwest assets supporting renovation strategies and both short-term and long-term rentals by right.
                            
                                Strong rental demand driven by Roanoke’s expanding healthcare, research, and education employment base.
                            
                                Professionally managed portfolio providing rare immediate scale in a single offering.