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.

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