2920 Epperley AVE NW 2920-2952, Roanoke, VA 24012
$917,500
Property Type:
MultiFamily
Lot Size (sq. ft.):
35,284
Status:
Closed
Current Price:
$917,500
List Date:
2/06/2017
Last Modified:
9/19/2024
Description
Built in 1997 & meticulously maintained by a single owner, the Andrew Alan Court Apartments are situated along the Williamson Road corridor just South of Hershberger. Two attractive brick buildings with newer architectural shingle roofs house fourteen 2 BR 1.5 BA, townhouse-style units that are over 1,000 SF each. Tenant amenities include features such as garbage disposals, dishwashers, & in unit w/d hook-ups. Many upgrades have been completed over the years, including tile flooring in some kitchens & baths. Electric is metered separately & the units feature central air with gas heat & electric cooling. There is one water meter for the property, which is paid by the owner. The property is currently 100% leased with all units rented at $700, making this a turnkey opportunity for investors.
More Information MLS# 829990
General Property Description
Lot Dimensions: Irregular
Multi-Family Type: Apartments
Construction Status: Completed
Total Acreage: 0.81
Present Use: Built-As
# Furnished: 0
# Unfurnished: 14
# Leased Units: 14
Gross Bldg SQFT: 17170
Basement Y/N: No
Water Class: N/A
Parking Description: Private (10 or More)
Gross Income: 117600
Year Built: 1997
Number of Units: 14
Operating Expense: 34725
Net Operating Income: 76982
Location, Tax & Legal
Major Area: 01 - City of Roanoke
Unit #: 2920-2952
Phase: 0
Lot: 19-21
Block: 1
Tax ID: 2160613, 2160614, 2160612
Annual Taxes: 10451
Section: 0
Zoning Code: RMF
POA Y/N: No
Area: 0150 - City of Roanoke - NE
Street Number: 2920
Street Name: Epperley
Street Suffix: AVE
Street Direction Sfx: NW
State/Province: VA
Zip Code: 24012
Subdivision: N/A
Municipality: City of Roanoke
Elementary School: Preston Park
Middle School: James Breckinridge
High School: William Fleming
Remarks & Misc
Directions: The Andrew Alan Court Apartments are located along the Williamson road corridor just South of Hershberger between Ravenwood & Broad Street on Epperley Ave NW.
Limited Service
Not Limited Service: 1
Construction
Brick: 1
Wood: 1
Basement
Slab: 1
Heating
Forced Air Gas: 1
Cooling
Central Air: 1
Water Description
Public: 1
Sewer Description
Public Sewer: 1
Water Heater Type
Tank: 1
Lease Type
One Year: 1
Owner Expenses
Electricity: 1
Sewer: 1
Water: 1
Tenant Expenses
Electricity: 1
Gas: 1
Contract Information
Current Price: $917,500
Sold Price: $917,500
List Date: 2016-08-30
Status: Closed
Status Change Info
Ratified Contract Dt: 2017-03-17
Sold Date: 2017-05-12
Sold Price: $917,500
Property Features
Limited Service: Not Limited Service
Construction: Brick; Wood
Basement: Slab
Heating: Forced Air Gas
Cooling: Central Air
Water Description: Public
Sewer Description: Public Sewer
Water Heater Type: Tank
Lease Type: One Year
Owner Expenses: Electricity; Water
Tenant Expenses: Electricity; Gas
Listing Office:
WALDVOGEL COMMERCIAL PROPERTIES
Last Updated: September - 19 - 2024
All searches are performed on live data on the MLS server. Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this website does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed daily, but its accuracy is subject to market changes. All copyrights and intellectual property rights are the exclusive property of the Multiple Listing Service of The Roanoke Valley. Whether obtained from a search result or otherwise, visitors to this website may only use this listing data for their personal, non-commercial benefit. The unauthorized retrieval or use of this listing data is prohibited.