Building Details

Year Built 2016

Buildings 2

Stories 1

Units 4

Listing Agency: Countryside Service Co, LC

Listed By: Jeremy Vogan · License #VA

Source: Crexi

Added: Nov 6, 2024 Changed: Aug 13 Last Checked: Aug 29 at 10:08PM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Countryside Service Co, LC

Investment Insights

Based on property information with market context.

These recently constructed townhouses are located in Rocky Mount, Virginia. The property is situated in a bedroom community for Roanoke. The units maintain high occupancy rates, and rents can be increased annually. A property owners association is in place. This property presents a 1031 exchange opportunity.

Key Highlights

• Recent construction (2016)
• Good location in Rocky Mount, VA
• Consistently leased

Property Analytics

Property Profile

Current Use

1031 exchange properties

Suggested Use

Top Pick Dental Office Plumbing Service (Bike/Boat/Book/etc) Store Bakery Kitchen & Bath Showroom Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

106

Businesses Nearby

Explore this area Business Placement

Demographics for 24151, VA

18,785

Population

8,668

Households

2.2

Avg Household Size

45

Median Age

21%

College-Educated

89%

High-School Grad

165.4 sq mi

ZIP Area

114

Density / Sq Mi

$65,267

Median Household Income

$40,159

Median Earnings

$769

Median Rent

$190,800

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Multifamily property - Recently constructed townhouses in a desirable location, great investment opportunity.

Where is this multifamily property located?

The property is located at 10 Hunters Vly Ln Rocky Mount, VA.

What is the asking price?

The asking price for this property is $985,600.

What are key features of this property?

This property features: Recent construction (2016); Good location in Rocky Mount, VA; Consistently leased