An old office building that’s been renovated into 15 apartments is 100 percent leased ahead of its June opening.
Residents will begin moving into the apartments at 401 Campbell Avenue this weekend, according to Faisal Khan, who owns the building with his father. The two spent $3 million on renovations.
The finished apartments include stainless steel appliances in the kitchens, black porcelain tiles in the bathrooms, stained concrete floors in the kitchens and living rooms, and hardwood floors in the bedrooms. The apartments come furnished with a wall-mounted flat screen television and a washer and dryer.
Parking is provided in a street-level parking garage off Rorer Avenue and a small surface lot off Campbell Avenue.
Rents range from $650 to $850 per month for the one-bedrooms and $930 per month for the two-bedroom.
Just one of the four first-floor commercial spaces has been leased. It is unclear what type of business has leased a space, but when I hear back on that I’ll update this blog post.
Michael Waldvogel, of Waldvogel Commercial Properties, which handled the leasing, said downtown living remains popular.
“The success of this project demonstrates the continuing demand for downtown housing in our region,” Waldvogel said in a news release.
The structure was built in 1946 as a Magic City Motor dealership. It was most recently the offices of Spanky Macher, an eccentric Roanoke business man who is serving a 30-month prison sentence for fraud and tax evasion.