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4101 Plantation Road, Roano...

Self Storage Stewardship Acquires Mixed-Use Property In Roanoke, Virginia For $1.07M
SOLDMixed-use

Self Storage Stewardship Acquires Mixed-Use Property In Roanoke, Virginia For $1.07M

4101 Plantation Road, Roanoke, Virginia, USA

$1,070,000

$58/SF

Building Size

18,229 SF

Asset Type

Mixed-use

Closing

Oct 29, 2021

AI

The mixed-use property located at 4101 Plantation Road in Roanoke, Virginia has been sold. The transaction took place on October 29, 2021.

Summary of transaction details:

  • Property Type: Mixed-use
  • Sale Price: $1,070,000
  • Address: 4101 Plantation Road, Roanoke, Virginia
  • Market: Roanoke, Virginia
  • Acres: 2.53

The buyer of the property was Self Storage Stewardship, Inc., while the seller was VRH LLC. The deal was facilitated by Barry Ward and Price Gutshall of Cushman & Wakefield | Thalhimer, who acted as brokers in the transaction.

Players

Barry Ward

Cushman & Wakefield

Broker

$13.6M

vol

5 deals

Broker

Roanoke Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

14.83%

Cash-on-Cash

-4.24%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93