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For Sale

3348 Hershberger Rd NW
Roanoke, VA 24017

60 units | Multi Family Home
1.89 acre lot - MLS# 330513
Property Photo
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Description

The Valley View Gardens apartment community is a 60 unit multi-family asset situated on 1.89 acres on Hersherber Rd in Roanoke. The property has a strong 7.8% cap rate. It consists of 4 free-standing multi-family brick buildings. This is an excellently maintained community producing significant revenue while consistently maintaining occupancy. Located convenient to shopping, malls, employment and downtown making occupancy and leasing simple for the investor. 36 one bedroom units and 24 two bedroom units along with 2 laundry facilities, playground and off street parking.

Features

  • Acres: 1.8900
  • Air Conditioning: Heat Pump
  • Basement: Slab
  • County/Area: Roanoke County
  • Exterior Finish: Brick
  • Flooring: Carpet, Tile
  • Heating: Heat Pump
  • Listing Status: Active
  • Miscellaneous: 1 Bedroom Units, 2 Bedroom Units, Appliances Included, Common Ldry Facility
  • Owner Expense: Insurance, Snow Removal, Water
  • Parking: Off Street Parking
  • Property Type: Multi Family Home
  • Roofing: Shingle
  • School District: Roanoke
  • Sewer: Public System
  • Source-Year Built: Public Record
  • Sq.Ft.: 45760
  • Sub Type: Apartment Building
  • Tax Year: 2017
  • Taxes: 22505.00
  • Tenant Expense: Cable TV, Cooling, Electric, Heating
  • Ttl # Unfurnish Unit: 60.00
  • Units: 60
  • Water: Public Water
  • Water Heater: Electric
  • Year Built: 1972
  • Zip Code: 24017
  • Zoning: Multi-Family

Courtesy of:

  • More info
  • Nancy Page
    Phone: (540) 382-0505 Ext 15
    Fax: (540) 260-9587
    Email: pageassoc@aol.com
    Cell:  (540) 392-9505

     


  • More info

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Thank you for visiting today. If this is your first visit, take your time and look around. We have plenty of information and resources available to you. If you are a return visitor, thank you. We would love to hear from you. We can serve all your real estate needs.