Historic Briskwood Place
Acquired February 2023 | Exited August 2024 | 15 Units | 15 Beds
Situated within Roanoke's charming Old Southwest historic district within walking distance of downtown Roanoke, Historic Briskwood Place contains 15 1x1 apartments. The 3-story, brick property was constructed in 1968 and is surrounded by beautiful, historic buildings, many of which are more than 100 years old.
Nestled between the Roanoke River and downtown, this unique neighborhood radiates character and ambience. Residents enjoy close proximity to downtown attractions while insulated within a quiet, family-friendly community replete with parks, shops, restaurants, bakeries, and historic charm.
Sweetbay acquired the property along with Langdon Square in February 2023, completed substantial interior and exterior renovations, and sold the property in August 2024 for >150% of the initial purchase price.