Williamsburg Manor
82-Unit Multifamily Community | South Roanoke
Marketing description
Williamsburg Manor is an 82-unit apartment and townhouse community located in highly sought-after South Roanoke. The property spans approximately 11.34 acres and is comprised of twenty-five buildings arranged in a neighborhood-style setting with rolling lawns and pedestrian walkways.
The community features a diverse unit mix including apartments, townhomes, cottages, and single-family homes. Portions of the development were completed in the late 1970s with additional phases delivered in the 1990s, including brick and vinyl-sided townhomes with garages.
Williamsburg Manor is located less than one mile from US-220/I-581 with convenient access to Tanglewood Mall, the Virginia Tech Carilion Biomedical Research Center, and Downtown Roanoke, positioning the asset within one of the region’s most established residential corridors.
Investment highlights
- 82-unit multifamily community
- Located in South Roanoke
- ±11.34-acre neighborhood-style site
- Diverse mix of apartments, townhomes, and single-family homes
- 90% current occupancy
- In-place NOI of approximately $724,000
- Value-add potential through rent growth and lease-up
- Less than one mile to US-220 / I-581
- Close proximity to Tanglewood Mall and Downtown Roanoke
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