1712 Grandin Rd SW Roanoke, VA 24015

Listing office Investors Real Estate Partners j***@waldvogelcommercial.com Show Phone

Listing date Jul 7, 2026

Source Crexi

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Investment Insights

Based on property information with market context.

This stabilized 12-unit multifamily property is presented as an income-producing brick asset. The current income is listed with a 5.81% cap rate, with a stated path to 8.64% through mark-to-market rent adjustments. The offering states current NOI of $87,176, growing to $129,520 based on those rent adjustments.

The property is located at 1712 Grandin Rd SW in Roanoke, Virginia, positioned along the Grandin Village corridor, which the offering describes as high-demand.

Key Highlights

• Stabilized 12‑unit multifamily with current NOI of $87,176 and a stated path to $129,520
• 5.81% cap rate on current income, with a stated path to 8.64% at market rents
• Brick, income‑producing multifamily in Roanoke’s Grandin Village corridor

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FAQs

What type of property is this?

Apartment building - Stabilized 12-unit multifamily with current NOI of $87,176 and a stated path to $129,520.

Where is this apartment building located?

The property is located at 1712 Grandin Rd SW Roanoke, VA.

What is the asking price?

The asking price for this property is $1,499,000.

What are key features of this property?

This property features: Stabilized 12‑unit multifamily with current NOI of $87,176 and a stated path to $129,520; 5.81% cap rate on current income, with a stated path to 8.64% at market rents; Brick, income‑producing multifamily in Roanoke’s Grandin Village corridor