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
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