803 King James ST SW, Roanoke, VA 24016
$11,200,000
Property Type:
MultiFamily
Lot Size (sq. ft.):
493,970
Status:
Active
Current Price:
$11,200,000
List Date:
3/04/2026
Last Modified:
3/30/2026
Description
Williamsburg Manor is an 82-unit apartment and townhouse community located South Roanoke. The property spans approximately 11.34 acres and includes twenty-five buildings arranged in a neighborhood-style setting with rolling lawns and pedestrian walkways.
The community features a diverse unit mix of apartments, townhomes, cottages, and single-family homes. Portions of the development were completed in the late 1970s, with additional phases delivered in the 1990s, including brick and vinyl-sided townhomes with garages.
Williamsburg Manor is located less than one mile from US-220/I-581 with convenient access to Tanglewood Mall, the Virginia Tech Carilion Biomedical Research Center, and Downtown Roanoke.
Detailed Offering Memorandum in documents tab.
Owner/Agent
More Information MLS# 925126
Contract Information
Current Price: $11,200,000
List Price: $11,200,000
List Date: 2026-03-03
Status: Active
General Property Description
Multi-Family Type: Apartments
Construction Status: Completed
Year Built: 1972
Number of Units: 82
# Unfurnished: 82
# Leased Units: 74
Gross Bldg SQFT: 127900
Total Acreage: 11.34
Basement Y/N: No
Parking Description: Other - See Remarks
Operating Expense: 407497
Net Operating Income: 724000
Gross Income: 1176000
Water Class: N/A
Location Legal Taxes
Area: 0120 - City of Roanoke - South
Street Number: 803
Street Name: King James
Street Suffix: ST
Street Direction Sfx: SW
State/Province: VA
Zip Code: 24016
Subdivision: N/A
Municipality: City of Roanoke
Elementary School: Crystal Spring
Middle School: James Madison
High School: Patrick Henry
Property Features
Limited Service: Not Limited Service
Construction: Brick; Vinyl
Basement: Slab
Heating: Forced Air Gas; Heat Pump Electric
Cooling: Central Air; Heat Pump Electric
Water Description: Public
Sewer Description: Public Sewer
Water Heater Type: Tank
Lease Type: One Year
Owner Expenses: Trash Disposal; Water
Internet Access: Cable
Tenant Expenses: Cable TV; Electricity; Gas
Listing Office: INVESTORS REAL ESTATE PARTNERS LLC
Last Updated: March - 30 - 2026
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