2920 Epperley AVE NW 2920-2952, Roanoke, VA 24012
$917,500
Property Type:
MultiFamily
Lot Size (sq. ft.):
35,284
Status:
Closed
Current Price:
$917,500
List Date:
2/06/2017
Last Modified:
9/19/2024
Overview
Description
Built in 1997 & meticulously maintained by a single owner, the Andrew Alan Court Apartments are situated along the Williamson Road corridor just South of Hershberger. Two attractive brick buildings with newer architectural shingle roofs house fourteen 2 BR 1.5 BA, townhouse-style units that are over 1,000 SF each. Tenant amenities include features such as garbage disposals, dishwashers, & in unit w/d hook-ups. Many upgrades have been completed over the years, including tile flooring in some kitchens & baths. Electric is metered separately & the units feature central air with gas heat & electric cooling. There is one water meter for the property, which is paid by the owner. The property is currently 100% leased with all units rented at $700, making this a turnkey opportunity for investors.
Listing Details MLS# 829990
Location, Tax & Legal
- Area
- 0150 - City of Roanoke - NE
- Street Number
- 2920
- Street Name
- Epperley
- Street Suffix
- AVE
- Street Direction Sfx
- NW
- State/Province
- VA
- Zip Code
- 24012
- Subdivision
- N/A
- Municipality
- City of Roanoke
- Elementary School
- Preston Park
- Middle School
- James Breckinridge
- High School
- William Fleming
- Major Area
- 01 - City of Roanoke
- Unit #
- 2920-2952
- Phase
- 0
- Lot
- 19-21
- Block
- Yes
- Tax ID
- 2160613, 2160614, 2160612
- Annual Taxes
- 10451
- Section
- No
- Zoning Code
- RMF
- POA Y/N
- No
General Property Description
- Multi-Family Type
- Apartments
- Construction Status
- Completed
- Year Built
- 1997
- Present Use
- Built-As
- Number of Units
- 14
- # Unfurnished
- 14
- # Leased Units
- 14
- Gross Bldg SQFT
- 17170
- Lot Dimensions
- Irregular
- Total Acreage
- 0.81
- Basement Y/N
- No
- Parking Description
- Private (10 or More)
- Operating Expense
- 34725
- Net Operating Income
- 76982
- Gross Income
- 117600
- Water Class
- N/A
- # Furnished
- 0
Status Change Info
- Ratified Contract Dt
- 2017-03-17
- Sold Date
- 2017-05-12
Remarks & Misc
- Directions
- The Andrew Alan Court Apartments are located along the Williamson road corridor just South of Hershberger between Ravenwood & Broad Street on Epperley Ave NW.
Limited Service
- Not Limited Service
- Yes
More Information
Construction
- Brick
- Yes
- Wood
- Yes
Basement
- Slab
- Yes
Heating
- Forced Air Gas
- Yes
Cooling
- Central Air
- Yes
Water Description
- Public
- Yes
Sewer Description
- Public Sewer
- Yes
Water Heater Type
- Tank
- Yes
Lease Type
- One Year
- Yes
Owner Expenses
- Electricity
- Yes
- Sewer
- Yes
- Water
- Yes
Tenant Expenses
- Electricity
- Yes
- Gas
- Yes
Property Features
Limited Service:
Not Limited Service
Construction:
Brick; Wood
Basement:
Slab
Heating:
Forced Air Gas
Cooling:
Central Air
Water Description:
Public
Sewer Description:
Public Sewer
Water Heater Type:
Tank
Lease Type:
One Year
Owner Expenses:
Electricity; Water
Tenant Expenses:
Electricity; Gas
Listing Office:
WALDVOGEL COMMERCIAL PROPERTIES
Last Updated: September - 19 - 2024
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