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3199 Read Mountain Road
Roanoke, VA 24019-8392
Asking Price
$1.45M
Asset Type
Special-purpose
Class
Class B
What's Special
3199 Read Mountain Road, Roanoke, VA 24019-8392 <ul><li>Purpose-Built Childcare Facility with Functional Layout: ±5,814 SF building designed for childcare use, featuring six classrooms, cafeteria or multipurpose space, kitchen with dual sinks, administrative office, and storage throughout.</li><li>Large Site with Dedicated Parking and Circulation: Situated on approximately 2 acres with ample on-site parking and a functional circular drop-off layout, ideal for high-traffic, service-oriented uses.</li><li>Strong Fit for Childcare, Medical, E
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NOI
$80,000
Cap Rate
5.52%
DSCR
0.93
Underwater
Cash-on-Cash
-1.40%
Monthly Payment
$7,173.809
Annual Cash Flow
$-6,085.706
