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Licensed in VA, TN, WV, NC
Licensed in VA, TN, WV, NC
Current Auctions

Current Auctions

40 Apartment units in 4 SW Roanoke Buildings

Rental Income!

602 Day Ave – SW (18 units)
618 Day Ave – SW (10 units)
620 Day Ave – SW (4 units)
813 Ferdinand Ave – SW (8 units)

 

Each building sells separately.

Live On-Site Auction

Began: Wednesday, August 11, 2010 at 12:00 PM EDT

Ended: Wednesday, August 11, 2010 at 12:30 PM EDT

Location: 602 Day Ave SW, SW Roanoke, VA

Inspection

Began: Thursday, July 29, 2010 at 11:00 AM EDT

Ended: Thursday, July 29, 2010 at 12:00 PM EDT

Location: 602 Day Ave SW, SW Roanoke, VA

Inspection

Began: Thursday, July 29, 2010 at 12:30 PM EDT

Ended: Thursday, July 29, 2010 at 1:30 PM EDT

Location: 813 Ferdinand, SW Roanoke, VA

Details

618 Day Ave:

618 Day Ave

602 Day Ave:

602 Day Ave

620 Day Ave:

620 Day Ave

813 Ferdinand Ave:

813 Ferdinand Ave

Day Avenue Aerial:

Day Avenue Aerial

Click on any image to view larger.

All units have great rental history!
Numerous recent upgrades to the properties!

602 Day Ave (18 units)
(12) 1BR units, (6) 2BR units
Built in 1986
Building Size: 12,240+/-sf (4,080+/-sf per floor)
Lot size: 0.45 acres (150' x 130')
Tax Parcel: 1120513
Legal Description: Lots 12-14, Block 3, Lewis Reserve
Annual Income: $97,200


618 Day Ave (10 units)
(4) 1BR units, (2) 2BR units, (4) 4fficiency units
Built in 1928

Building Size: 7,500+sf with 3,750+/-sf basement

Lot size: 0.15 acres (50' x 130')

Tax Parcel: 1120511
Legal Description: Lot 10, Block 3, Lewis Reserve
Annual Income: $46,200
 


620 Day Ave (4 units)
(4) 1BR units
Built in 1922

Building Size: 2,484+sf with 1,242+/-sf basement

Lot size: 0.15 acres (50' x 130')

Tax Parcel: 1120510
Legal Description: Lot 9, Block 3, Lewis Reserve
 
Annual Income: $20,700


813 Ferdinand Ave (8 units)
(8) 1BR units
Built in 1930

Building Size: 6,568+sf with 1,642+/-sf basement

Lot size: 0.15 acres (50' x 130')

Tax Parcel: 1120510

Legal Description: Lot 15, Block 2, Barnes
Annual Income: $41,400

Each building sells separately.

All buildings sell from 602 Day Ave property.

Directions to Day Avenue buildings:
Take 581 to Exit 6 (VA-24/Elm Avenue)
Take Elm Avenue SE to right on 6th Street SW
Turn left onto Day Avenue SW
602 Day Avenue is on the left
 
Directions to Ferdinand Avenue property (from Day Avenue properties):
Turn right onto 6th Street SW
Turn right onto U.S. 221/Elm Avenue SW
Turn right onto Ferdinand Avenue SW
813 Ferdinand Avenue is on the right

 

All units have great rental history!
Numerous recent upgrades to the properties!

602 Day Ave (18 units)
(12) 1BR units, (6) 2BR units
Built in 1986
Building Size: 12,240+/-sf (4,080+/-sf per floor)
Lot size: 0.45 acres (150' x 130')
Tax Parcel: 1120513
Legal Description: Lots 12-14, Block 3, Lewis Reserve
Annual Income: $97,200


618 Day Ave (10 units)
(4) 1BR units, (2) 2BR units, (4) 4fficiency units
Built in 1928

Building Size: 7,500+sf with 3,750+/-sf basement

Lot size: 0.15 acres (50' x 130')

Tax Parcel: 1120511
Legal Description: Lot 10, Block 3, Lewis Reserve
Annual Income: $46,200


620 Day Ave (4 units)
(4) 1BR units
Built in 1922

Building Size: 2,484+sf with 1,242+/-sf basement

Lot size: 0.15 acres (50' x 130')

Tax Parcel: 1120510
Legal Description: Lot 9, Block 3, Lewis Reserve
 
Annual Income: $20,700


813 Ferdinand Ave (8 units)
(8) 1BR units
Built in 1930

Building Size: 6,568+sf with 1,642+/-sf basement

Lot size: 0.15 acres (50' x 130')

Tax Parcel: 1120510

Legal Description: Lot 15, Block 2, Barnes
Annual Income: $41,400

Each building sells separately.

All buildings sell from 602 Day Ave property.

Directions to Day Avenue buildings:
Take 581 to Exit 6 (VA-24/Elm Avenue)
Take Elm Avenue SE to right on 6th Street SW
Turn left onto Day Avenue SW
602 Day Avenue is on the left
 
Directions to Ferdinand Avenue property (from Day Avenue properties):
Turn right onto 6th Street SW
Turn right onto U.S. 221/Elm Avenue SW
Turn right onto Ferdinand Avenue SW
813 Ferdinand Avenue is on the right

Property Previews
Thursday, July 29th
          Day Ave (11am-12pm)
          Ferdinand (12:30-1:30pm)

Sale Managers: Bill Bryant, CAI, AARE &
Chris Gentry of Gentry Commercial Real Estate (434) 485-8901

Call for Appointment to Preview Properties.

Terms: 5% Buyer’s Premium added to the high bid to determine contract sale price. 10% deposit due on the day of the auction with the balance due at closing within 30 days. Potential buyers must perform such independent investigations with respect to property as they deem necessary to verify information provided by the auction company and/or seller. All information provided by the auction company and/or seller is deemed reliable but not warranted. All property is being sold “as is” without representations or warranties of any kind or nature. Please inspect the property before bidding. All sales are final. Announcements made the day of the auction take precedence over all prior releases, verbal and written, concerning this sale. The auction company and its representatives represent the seller.

Sale Managers: Bill Bryant, CAI, AARE &
Chris Gentry of Gentry Commercial Real Estate (434) 485-8901

Call for Appointment to Preview Properties.

Terms: 5% Buyer’s Premium added to the high bid to determine contract sale price. 10% deposit due on the day of the auction with the balance due at closing within 30 days. Potential buyers must perform such independent investigations with respect to property as they deem necessary to verify information provided by the auction company and/or seller. All information provided by the auction company and/or seller is deemed reliable but not warranted. All property is being sold “as is” without representations or warranties of any kind or nature. Please inspect the property before bidding. All sales are final. Announcements made the day of the auction take precedence over all prior releases, verbal and written, concerning this sale. The auction company and its representatives represent the seller.

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