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Multifamily

The Cove at Peter's Creek

3816 Panorama Ave NW, Roanoke, VA 24017

Listing Price: $5,900,000

Cap Rate
6.58%
Number of Units
60
GRM
7.02
Price/Unit
$98,333
Price/Gross SF
$121.03
Gross SF
48,750

Investment Overview

Built in 1974, this multifamily property offers a mix of two and three-bedroom apartments across 60 units. With its convenient location, this property offers residents seamless access to the vibrant pulse of the city, while simultaneously providing a sanctuary from the hustle and bustle. The Cove at Peter's Creek presents an exceptional opportunity for buyers seeking a strong value-add opportunity in the Roanoke market.

Investment Highlights

  • 60 Units: Mix of Two & Three-Bedrooms
  • Close Proximity to Retail, Restaurants and Entertainment and The Roanoke-Blacksburg Regional Airport
  • Easy Access to I-81 and an 8-Minute Drive to Roanoke College

Exclusively Listed By

Multifamily

The Cove at Peter's Creek

Listing Price: $5,900,000

Cap Rate
6.58%
Number of Units
60
GRM
7.02
Price/Unit
$98,333
Price/Gross SF
$121.03
Gross SF
48,750

Investment Highlights

  • 60 Units: Mix of Two & Three-Bedrooms
  • Close Proximity to Retail, Restaurants and Entertainment and The Roanoke-Blacksburg Regional Airport
  • Easy Access to I-81 and an 8-Minute Drive to Roanoke College

Investment Overview

Built in 1974, this multifamily property offers a mix of two and three-bedroom apartments across 60 units. With its convenient location, this property offers residents seamless access to the vibrant pulse of the city, while simultaneously providing a sanctuary from the hustle and bustle. The Cove at Peter's Creek presents an exceptional opportunity for buyers seeking a strong value-add opportunity in the Roanoke market.

Exclusively Listed By

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