Northridge Village & Salem View Apartments

Posted: 7/12/2018
234 Units
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Under Contract
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Northridge Village
Under Contract
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Salem View

About

About Northridge Village & Salem View Apartments

The Cushman & Wakefield Mid-Atlantic Multifamily Advisory Group is pleased to present Northridge Village and Salem View, a 234-unit value add portfolio in Roanoke, Virginia. Both assets are situated in close proximity to one another and provide superior economies of scale. Northridge Village and Salem View are well located in the Roanoke market with significant retail amenities close including Valley View Mall, the premier retail amenity in the Roanoke MSA. Additional lifestyle amenities and major roadways are a short drive from both Properties. Built in 1970 and 1974 respectively, Northridge Village and Salem View offer attractive unit layouts comprised of 2 and 3 bedroom townhome and flat-style units. The opportunity exists to garner additional rental premiums through light interior upgrades similar to competing properties in the submarket. Northridge Village and Salem View’s exceptional location within the stable Roanoke economy presents investors a rare opportunity to acquire a well-positioned portfolio with significant future growth opportunities.

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