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Home News Industries Real Estate Roanoke apartment complex sells for $1.1M

Roanoke apartment complex sells for $1.1M

Complex includes 14 townhouse-style apartments

Published April 28, 2023 by Robyn Sidersky

A community with 14 towhouse-style apartments has been sold. Photo courtesy Cushman & Wakefield | Thalhimer

The Eastgate Apartments in Roanoke have been sold for $1.1 million, Cushman & Wakefield | Thalhimer announced Monday. 

Restoration Turnkey Investments LLC acquired the community on March 28 from Rafan LLC. The buyer is planning extensive interior and exterior renovations. 

The complex, built in 1977, has 14 townhouse-style apartments and is three miles from downtown Roanoke. Each apartment is about 1,000 square feet, with two bedrooms and one bathroom each. 

Clay Taylor, of Cushman & Wakefield | Thalhimer’s Capital Markets Group, represented the seller. 

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