Property sale / Lease

Poe & Cronk Brokers the Sale of 174-Unit Northridge Village Apartments for $7,200,000

Poe & Cronk Real Estate Group today announced the sale of Northridge Village Apartments in Roanoke, Virginia. The sale consisted of 174 units located on 14.41 Acres in northwest Roanoke. Unit types consisted of both townhouse and garden style apartments of two and three bedrooms.

After being marketed by Poe & Cronk for only two weeks and receiving multiple offers, this property sold for a very strong $7,200,000. There was a great deal of interest generated from both local buyers as well as the broader Mid-Atlantic investment market.

Matt Huff, CCIM and Dennis Cronk, CCIM, CIPS, CRE represented the Seller in this transaction.

More property sales or leases by these Poe & Cronk Agents

Southwest Virginia’s Energy Star Certified Office Buildings

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Poe & Cronk Awarded Management of 305,000 Square Foot Mixed-Use Portfolio for Virginia Tech Foundation

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Poe & Cronk Announces $2.8M Sale of Valley View Retail Center

ROANOKE, VA - Poe & Cronk Real Estate Group today announced the sale of a prime retail center on Valley View Boulevard, next to Valley View Mall, in Roanoke, VA. The 9,121 SF property sold for $2,800,000. Long-time tenants include[...]

Poe & Cronk Announces Sale of Manufacturing Facility on Eastpark Dr.

Poe & Cronk Real Estate Group today announced the sale-leaseback of a 74,724 SF manufacturing facility located at 176 Eastpark Drive in Roanoke, Virginia. The tenant, Tread Corporation, signed a long term triple net lease to remain in the building.[...]