2920-2952 Epperley Ave NW
Roanoke, VA 24012
Andrew Alan Court Apartments · Multifamily Property For Sale · 14 Units

Built in 1997 and meticulously maintained by a single owner, the Andrew Alan Court Apartments are one of the few mid-sized multifamily projects built after 1995 in Roanoke City. The property is situated along a quiet street with immediate access to Williamson Road. Consisting of three tax parcels totaling approximately .80-acres of land with a large, flat paved parking area, the site provides privacy with attractive landscaping in a predominately residential neighborhood. Two attractive brick buildings with newer architectural shingle roofs house fourteen 2 bedroom 1.5 bath, townhouse-style units that are over 1,000 SF each. Tenant amenities include features such as garbage disposals, dishwashers, and washer and dryer hook-ups in the units. Many upgrades have been completed over the years, including tile flooring in some kitchens and baths. Electric is metered separately, and the units feature central air with gas heat and electric cooling. There is one water meter for the property, which is paid for by the owner. All units have been brought to market rents of $700 with stable occupancy and predictable cash flows. The Andrew Alan Court Apartments are located in the North Roanoke sub-market in Roanoke City along the Williamson road corridor. This location appeals to a wide breadth of tenants given proximity and access to Hershberger and I-581. The area offers a multitude of retail and lifestyle amenities, including Valley View Mall and many other retailers, entertainment, and dining options. The sub-market also includes the Roanoke-Blacksburg Regional Airport and Hollins University, which offer a source of employment for many.