The View at Blue Ridge Commons

The View at Blue Ridge Commons

Roanoke, VA
Available
  • Property Type: Apartments
  • Year Built : 2022
  • Property Size: 329,671 SF / 339 Units

Overview

Capstone Apartment Partners is pleased to present The View at Blue Ridge Commons, a 339-unit, luxury Class A new construction apartment community located in Roanoke, Virginia. The property is currently under construction, with the first wave of units set to come online mid-summer 2022, and final C/O expected in Q1 2023. The View at Blue Ridge Commons offers investors a truly unique trophy asset in the market with the development featuring two mid-rise buildings, six garden-style apartment buildings, luxury Class A interior and exterior finishes, and a full amenity set. Additionally, new ownership will have the opportunity to have full control over the lease-up process to enable rental rates to accurately reflect the robust 13%+ annual rent growth in the Roanoke market. Additionally, the asset is located in one of the premier submarkets of Roanoke—situated directly adjacent to the main thoroughfares of I-581/I-81, providing immediate access to numerous Class A retail options and job opportunities. As a new construction asset situated in a rapidly growing rental market, The View at Blue Ridge Commons ideally positions investors to achieve robust returns for years to come.

Investment Highlights

  • Top of the Market Construction Quality
  • Opportunity to Control Lease-Up Process in a Hot Market
  • Proximate to Class A Retail and Major Employers
  • Excellent Visibility Directly off Major Highways

Contact Information

Eric Liebich Director P: 248.225.3706
O: 800.746.3175 ext. 730
eric@capstone-companies.com
Ron Corrao Managing Director P: 757.749.6994
O: 800.746.3175 ext. 712
ron@capstone-companies.com
Matt Weinstein Investment Sales Advisor P: 703.987.0236
O: 800.746.3175 ext. 732
w.matt@capstone-companies.com
Charlie Rimkus Associate Director P: 949.923.5542
O: 800.746.3175 ext. 784
crimkus@capstone-companies.com
Bryse Toothaker Director P: 704.727.2926
O: 800.746.3175 ext. 703
bryse@capstone-companies.com
capstoneapts-logo