Two Roanoke apartment properties sell for $3.35M
Properties are 26-unit multifamily community, 16-unit apartment complex
A 26-unit multifamily community and a 16-unit apartment complex in Roanoke sold together for $3.35 million on Feb. 10.
Located at 2002 Langdon Road SW, the 26-unit community, Langdon Square at Raleigh Court, has 22 garden-style apartments built in 1985 and four townhomes built in 1990. The structure is 59,407 square feet total, according to city property records. Briskwood Apartments, located on 1401 3rd St. SW, has 16 one-bedroom, one-bath garden-style apartments, at almost 15,000 square feet, according to property records. The three-story brick building was built in 1968.
Sweetbay Capital purchased the portfolio from C and D Associates LLP. Clay Taylor from Cushman & Wakefield | Thalhimer’s Capital Markets Group represented the seller. Sweetbay Capital is planning interior and exterior renovations.