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

PROPERTY FACTS

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

PROPERTY TAXES

Parcel Number
038.06-06-11
Land Assessment
$75,000
Improvements Assessment
$732,500
Total Assessment
$807,500
  • Listing ID: 12352125

  • Date on Market: 4/23/2018

  • Last Updated:

  • Address: 6139 Darby Rd, Roanoke, VA 24012

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