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Mountain Manor 201 Mountain Ave SW

10 Unit Apartment Building $1,374,175 CAD ($137,417 CAD/Unit) Roanoke, VA 24016

Apartment Buildings Virginia Roanoke 201 Mountain Ave SW, Roanoke, VA 24016

INVESTMENT HIGHLIGHTS

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

EXECUTIVE SUMMARY

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.

PROPERTY FACTS

Price $1,374,175 CAD Building Class C
Price Per Unit $137,417 CAD Lot Size 0.17 AC
Sale Type Investment Building Size 8,300 SF
No. Units 10 No. Stories 2
Property Type Multifamily Year Built 1962
Property Subtype Apartment Parking Ratio 0.71/1,000 SF
Apartment Style Low Rise Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Price $1,374,175 CAD
Price Per Unit $137,417 CAD
Sale Type Investment
No. Units 10
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.17 AC
Building Size 8,300 SF
No. Stories 2
Year Built 1962
Parking Ratio 0.71/1,000 SF
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Freezer

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 6 - -
2+1 4 - -
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Walk Score®
Very Walkable (82)
Bike Score®
Very Bikeable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 102-0914 Improvements Assessment $769,848 CAD
Land Assessment $76,588 CAD Total Assessment $846,435 CAD

PROPERTY TAXES

Parcel Number
102-0914
Land Assessment
$76,588 CAD
Improvements Assessment
$769,848 CAD
Total Assessment
$846,435 CAD

ZONING

Zoning Code MX
MX
(540) 344-0040

CONTACTS

  • Listing ID: 30616077

  • Date on Market: 2024-01-09

  • Last Updated:

  • Address: 201 Mountain Ave SW, Roanoke, VA 24016

The Old Southwest Multifamily Property at 201 Mountain Ave SW, Roanoke, VA 24016 is currently available. Contact MKB Realtors for more information.

MULTIFAMILY PROPERTIES IN NEARBY NEIGHBORHOODS

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Mountain Manor | 201 Mountain Ave SW
(540) 344-0040 x

Mountain Manor | 201 Mountain Ave SW

1/2

Courtnee Bishop

(540) 344-0040

(540) 344-0040

Henry Scholz

(540) 353-0100

(540) 353-0100

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