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Investment Highlights
- Great location off Rt 220 near Roanoke
- Perfect for 1031 exchange
- Recent construction townhomes that lease up well
Executive Summary
These townhouses are recent construction and in a good location in Rocky Mount, VA, a bedroom community for Roanoke. They stay leased up and rents can be increased every year. There is a good POA in place and it is a great 1031 opportunity.
Property Facts
| Price | $1,220,500 | Status | Active |
| Price / SF | $184.73 / SF | Number of Properties | 5 |
| Sale Condition | Bulk/Portfolio Sale | Individually For Sale | 0 |
| Cap Rate | 5.99% | Total Building Size | 6,607 SF |
| Sale Type | Investment | Total Land Area | 0.42 AC |
| Price | $1,220,500 |
| Price / SF | $184.73 / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Cap Rate | 5.99% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 5 |
| Individually For Sale | 0 |
| Total Building Size | 6,607 SF |
| Total Land Area | 0.42 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 35 Hunters Valley Ln, Rocky Mount, VA 24151 | Multifamily | 1,400 SF | 2013 | - |
| 31 Hunters Valley Ln, Rocky Mount, VA 24151 | Multifamily | 1,400 SF | 2013 | - |
| 10 Hunters Valley Ln, Rocky Mount, VA 24151 | Multifamily | 1,269 SF | 2015 | - |
| 22 Hunters Valley Ln, Rocky Mount, VA 24151 | Multifamily | 1,269 SF | 2015 | - |
| 30 Hunters Valley Ln, Rocky Mount, VA 24151 | Multifamily | 1,269 SF | 2015 | - |
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Hunters Ridge
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