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6139 Darby Rd
Roanoke, VA 24012
Multifamily Property For Sale
·
12 Units

PROPERTY FACTS
| No. Units | 12 | Building Size | 12,150 SF |
| Property Type | Multifamily | Average Occupancy | 92% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1971 |
| Building Class | C | Parking Ratio | 0.82/1,000 SF |
| Lot Size | 1.12 AC | ||
| Zoning | R3 | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.12 AC |
| Building Size | 12,150 SF |
| Average Occupancy | 92% |
| No. Stories | 3 |
| Year Built | 1971 |
| Parking Ratio | 0.82/1,000 SF |
| Zoning | R3 |
ABOUT 6139 DARBY RD , ROANOKE, VA 24012
Waldvogel Commercial Properties is pleased to offer for sale this 12 unit apartment community located at 6139 Darby Road in Roanoke County, Virginia. The property is situated on a quiet, residential street with convenient access to Roanoke and surrounding retail and lifestyle amenities, including Valley View Mall, a regional power center featuring 100% occupancy. The property is located within the floodplain. The community consists of a single brick building with newer architectural shingle roof and all vinyl replacement windows. The building houses eleven 2 bedroom, 1 bath units and one 1 bedroom, 1 bath unit. On site coin laundry room offers additional revenue potential. All units were equipped with new hot water heaters and expansion tanks over the past three years. Electric is metered separately, and the units feature central cooling with forced air electric heat. There is one water meter for the property, which is paid for by the owner. Current rents average $595 per unit, presenting room for gradual increases while maintaining stable occupancy and predictable cash flows. With upside still available, this investment represents a turnkey opportunity to acquire an established multifamily property in a prime rental market location.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 11 | $595.00 | 800 |
| 1+1 | 1 | $550.00 | 750 |
PROPERTY TAXES
| Parcel Number | 038.06-06-11 | Improvements Assessment | $732,500 |
| Land Assessment | $75,000 | Total Assessment | $807,500 |
PROPERTY TAXES
Listing ID: 12352125
Date on Market: 4/23/2018
Last Updated:
Address: 6139 Darby Rd, Roanoke, VA 24012
The Hollins Multifamily Property at 6139 Darby Rd, Roanoke, VA 24012 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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