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The Cove at Peter's Creek Multifamily
For Sale
Contact for pricing
Pending

3826 Panorama Ave. NW, Roanoke, VA 24017

Most units remain in classic condition, with a defined scope for interior updates.

Property SizeContact for details
Days on Market142

Property Features for 3826 Panorama Ave. NW

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: CBRE - Richmond
Listed By: Calvin Griffith · License #VA 0225233613
Source: Crexi
Added: Apr 13 Changed: Aug 30 Last Checked: Sep 1 at 1:22AM

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 CBRE - Richmond

Investment Insights

Based on property information with market context.

The Cove at Peter's Creek is a multifamily property with most units retaining their classic condition. The identified update scope includes stone countertops, revised lighting, appliance packages, new LVP flooring, and modest amenity improvements.

The property is located at 3826 Panorama Ave. NW in Roanoke, Virginia 24017. The available information presents the asset as a multifamily renovation opportunity with a range of interior and amenity updates identified for consideration.

Key Highlights

  • Most units remain in classic condition
  • Identified improvements include stone countertops, updated lighting, appliance packages, and new LVP flooring
  • Additional amenity updates are included in the proposed renovation scope

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Pharmacy Parking Lot & Garage Restaurant

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

290
Businesses Nearby

Demographics for 24017, VA

23,902
Population
11,263
Households
2.1
Avg Household Size
38
Median Age
17%
College-Educated
87%
High-School Grad
9.0 sq mi
ZIP Area
2,656
Density / Sq Mi
$45,954
Median Household Income
$30,345
Median Earnings
$966
Median Rent
$139,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Most units remain in classic condition, with a defined scope for interior updates.
Where is this multifamily property located?
The property is located at 3826 Panorama Ave. NW Roanoke, VA.
What are key features of this property?
This property features: Most units remain in classic condition; Identified improvements include stone countertops, updated lighting, appliance packages, and new LVP flooring; Additional amenity updates are included in the proposed renovation scope
More about this property
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