803 King James ST SW, Roanoke, VA 24016
$10,750,000
Property Type:
MultiFamily
Lot Size (sq. ft.):
493,970
Status:
Active
Current Price:
$10,750,000
List Date:
3/04/2026
Last Modified:
5/01/2026
Overview
Description
Williamsburg Manor is an 82-unit apartment and townhouse community located South Roanoke. The property spans approximately 11.34 acres and includes twenty-five buildings arranged in a neighborhood-style setting with rolling lawns and pedestrian walkways.
The community features a diverse unit mix of apartments, townhomes, cottages, and single-family homes. Portions of the development were completed in the late 1970s, with additional phases delivered in the 1990s, including brick and vinyl-sided townhomes with garages.
Williamsburg Manor is located less than one mile from US-220/I-581 with convenient access to Tanglewood Mall, the Virginia Tech Carilion Biomedical Research Center, and Downtown Roanoke.
Detailed Offering Memorandum in documents tab.
Owner/Agent
Listing Details MLS# 925126
Location, Tax & Legal
- Area
- 0120 - City of Roanoke - South
- Street Number
- 803
- Street Name
- King James
- Street Suffix
- ST
- Street Direction Sfx
- SW
- State/Province
- VA
- Zip Code
- 24016
- Subdivision
- N/A
- Municipality
- City of Roanoke
- Elementary School
- Crystal Spring
- Middle School
- James Madison
- High School
- Patrick Henry
- Major Area
- 01 - City of Roanoke
- Phase
- 0
- Lot
- N/A
- Block
- N/A
- Tax ID
- 550-0113
- Annual Taxes
- 107633
- Section
- N/A
- Zoning Code
- RMF
- POA Y/N
- No
General Property Description
- Multi-Family Type
- Apartments
- Construction Status
- Completed
- Year Built
- 1972
- Number of Units
- 82
- # Unfurnished
- 82
- # Leased Units
- 74
- Gross Bldg SQFT
- 127900
- Total Acreage
- 11.34
- Basement Y/N
- No
- Parking Description
- Other - See Remarks
- Operating Expense
- 407497
- Net Operating Income
- 724000
- Gross Income
- 1176000
- Water Class
- N/A
- # Furnished
- 0
Remarks & Misc
- Directions
- From Downtown Roanoke, take US-220 South to Wonju Street, then left onto King James Street SW. Property is located along King James Street and Duke of Gloucester Street.
Limited Service
- Not Limited Service
- Yes
Construction
- Brick
- Yes
- Vinyl
- Yes
More Information
Basement
- Slab
- Yes
Heating
- Forced Air Gas
- Yes
- Heat Pump Electric
- Yes
Cooling
- Central Air
- Yes
- Heat Pump Electric
- Yes
Water Description
- Public
- Yes
Sewer Description
- Public Sewer
- Yes
Water Heater Type
- Tank
- Yes
Lease Type
- One Year
- Yes
Owner Expenses
- Sewer
- Yes
- Trash Disposal
- Yes
- Water
- Yes
Internet Access
- Cable
- Yes
Tenant Expenses
- Cable TV
- Yes
- Electricity
- Yes
- Gas
- Yes
Property Features
Limited Service:
Not Limited Service
Construction:
Brick; Vinyl
Basement:
Slab
Heating:
Forced Air Gas; Heat Pump Electric
Cooling:
Central Air; Heat Pump Electric
Water Description:
Public
Sewer Description:
Public Sewer
Water Heater Type:
Tank
Lease Type:
One Year
Owner Expenses:
Trash Disposal; Water
Internet Access:
Cable
Tenant Expenses:
Cable TV; Electricity; Gas
Listing Office:
INVESTORS REAL ESTATE PARTNERS LLC
Last Updated: May - 01 - 2026
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