209 1st St SW - Apartments FOR SALE


Roanoke, VA 24011- Downtown Roanoke City
$2,225,000 USD
540-342-0800
209 1st St SW, Roanoke, VA for Sale
$2,225,000 USD
Apartments - FOR SALE
1/21
null | Request Cap Rate

209 1st St SW
Roanoke, VA 24011
Downtown Roanoke City


HIGHLIGHTS

  • Modern upscale finishes in unit.
  • Roof top terrace with grilling area

OVERVIEW

The Lofts at First and Kirk is a high-end, 12-unit multifamily property located in the heart of Downtown Roanoke. Located within walking distance of restaurants, shopping, and entertainment, the Lofts at First and Kirk combines modern living with unbeatable convenience. This fully leased building includes eleven 1-bedroom units and one 2-bedroom unit. Each apartment is finished with modern, upscale features, including gas fireplaces, wood plank flooring, concrete countertops, tiled kitchen backsplashes, ceramic tiled showers, and walk-in closets in select units. Property amenities include secure building access, elevator, rooftop deck with an outdoor kitchen, and A community recycling program. The Lofts at First and Kirk presents a rare opportunity to own a stabilized, turnkey asset with high-quality finishes in one of Roanoke’s most vibrant districts. Financials available upon request. Condo Conversion Opportunity.

FOR SALE DETAILS

PRICE

$2,225,000 USD

PRICE/SF

$185 USD /SF

# OF UNITS

12

PRICE/UNIT

$185,417

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2015

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,399 SF

ZONING

D

APN/PARCEL ID

1011526

ASK ABOUT THIS PROPERTY

Derek HicksWaldvogel Commercial Properties, Inc.More Info
540-342-0800

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Derek HicksWaldvogel Commercial Properties, Inc.More Info
540-342-0800

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.