Waldvogel Commercial Properties Brokers Sale of Apartment Building

Waldvogel Commercial Properties announces the sale of a 13-unit apartment building at 115 Elm Ave SW in Downtown Roanoke.

The apartment building is part of a five-property portfolio owned by Stevedav, LLC, a Roanoke-based real estate holding company. The other four buildings are still available.

The 9,942-square-foot building was built in 1928 and remodeled in 2006. It contains four two-bedroom apartments, eight one-bedroom apartments and one studio apartment, as well as an onsite laundry facility. It was 100 percent occupied at time of sale. The $440,000 sale was financed by the Bank of Botetourt.