Tazewell Development Sells Multifamily Property In Roanoke, VA For $14.6M
206 Williamson Road Southeast, Roanoke, Virginia 24011, United States
$14,600,000
Building Size
—
Asset Type
MultiFamily
Closing
Sep 29, 2022
AI
The multifamily property located at 206 Williamson Rd SE in Roanoke, VA has been sold for a total price of $14,600,000. The property consists of 82 units, resulting in a per unit price of $178,049. The sale transaction was completed on September 30, 2022.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $14,600,000
- Address: 206 Williamson Rd SE, Roanoke, VA
- Market: Roanoke, VA
- Seller: Tazewell Development
- Broker: Anthony Liberto, Jorge Rosa & Clay Taylor - Cushman & Wakefield
- Units: 82
- Per Unit Price: $178,049
The sale of this multifamily property was facilitated by the brokerage team consisting of Anthony Liberto, Jorge Rosa, and Clay Taylor from Cushman & Wakefield. Tazewell Development acted as the seller in this transaction. The property's location in Roanoke, VA presents a significant investment opportunity in the multifamily market.
Players
Roanoke MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.09%
Cash-on-Cash
-0.31%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93