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Mountain Manor 201 Mountain Ave SW

10 Unit Block of Flats £743,328 (£74,333/Unit) 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 £743,328 Building Class C
Price Per Unit £74,333 Lot Size 0.17 AC
Sale Type Investment Building Size 8,300 SF
No. Units 10 Number of Floors 2
Property Type Residential 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 £743,328
Price Per Unit £74,333
Sale Type Investment
No. Units 10
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.17 AC
Building Size 8,300 SF
Number of Floors 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 - -
1 of 1
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 £424,714
Land Assessment £42,252 Total Assessment £466,966

PROPERTY TAXES

Parcel Number
102-0914
Land Assessment
£42,252
Improvements Assessment
£424,714
Total Assessment
£466,966

zoning

Zoning Code MX
MX
(540) 344-0040

Contacts

  • Listing ID: 30616077

  • Date on Market: 09/01/2024

  • Last Updated:

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

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

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© 2024 CoStar Group

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

Mountain Manor | 201 Mountain Ave SW

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Courtnee Bishop

(540) 344-0040

(540) 344-0040

Henry Scholz

(540) 353-0100

(540) 353-0100

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