Mid Atlantic Funding LLC Acquires 18 Unit Walnut Knoll Apartments From DSA Realty Enterprises For $1.71M
501 Walnut Avenue Southeast
$1,710,000
Building Size
—
Asset Type
MultiFamily
Closing
Oct 10, 2025
AI
The 501 Walnut Avenue Southeast, located in Roanoke, VA, features 18 multifamily units. This asset was sold for $1,710,000, resulting in a price per unit of $95,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,710,000
- Buyer: Mid Atlantic Funding, LLC
- Seller: DSA Realty Enterprises, LLC
- Units: 18
- Price Per Unit: $95,000
- Market: Roanoke, VA
- Brokers: Clay Taylor & Briggs Cooper - Cushman & Wakefield
Cushman & Wakefield's Capital Markets Group represented DSA Realty Enterprises in the sale, facilitating the transaction between the buyer and seller. The deal reflects a significant addition to Mid Atlantic Funding's portfolio in the multifamily sector.
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
9.28%
Cash-on-Cash
-2.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93