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Capital Markets Group Facilitates $1.59M Multifamily Acquisition in Roanoke

ROANOKE, VIRGINIA, April 21, 2025 – Cushman & Wakefield | Thalhimer’s Capital Markets Group is pleased to announce the sale of 602 Day Avenue SW, a multifamily property located in the heart of Roanoke’s Old Southwest historic district.

The property features seventeen apartment units, offering a mix of one-bedroom, one-bath and two-bedroom, one-bath floorplans, and is ideally positioned within walking distance of downtown Roanoke.

TPG SIXOTWO, LLC acquired the asset from 602 Day Avenue, LLC on March 13, 2025, for $1,589,500. Clay Taylor, CCIM, with Cushman & Wakefield | Thalhimer’s Capital Markets Group, represented the purchaser in the transaction.

For Further Information Contact:
Clay Taylor, CCIM
Senior Vice President, Capital Markets Group
+1 540 767 3019
clay.taylor@thalhimer.com

About Cushman & Wakefield | Thalhimer
Thalhimer was founded in 1913 and currently has offices in Richmond, Newport News, Virginia Beach, Fredericksburg, Roanoke, Charlottesville, and Lynchburg, Virginia. The company has nearly 100 broker professionals and employs approximately 530 associates. Thalhimer represents, on behalf of its clients, a property portfolio of 54 million leasable square feet, management of more than 28 million square feet of commercial property, and nearly 12,000 multifamily units. In 2024, Thalhimer completed over 1,800 transactions with a transactional volume of more than $1.96 billion. Thalhimer is the region’s leading provider of comprehensive commercial real estate services, including corporate services, investment sales, tenant representation, project management, asset management, and the sale and leasing of office, industrial and retail properties.
Thalhimer’s Capital Markets Group is the region’s leading investment sales team made up of professionals focused solely on capital markets and the sale of income producing properties throughout Virginia. The team is experienced in office, industrial, retail and multi-family dispositions and since 2012 has completed 424 transactions totaling over $6.2 billion and over 66 million square feet.
To learn more, visit www.thalhimer.com.
Independently Owned and Operated / A Member of the Cushman & Wakefield Alliance

About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In 2023, the firm reported revenue of $9.5 billion across its core services of property, facilities and project management, leasing, capital markets, and valuation and other services. It also receives numerous industry and business accolades for its award-winning culture and commitment to Diversity, Equity and Inclusion (DEI), sustainability and more. For additional information, visit www.cushmanwakefield.com.
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Written on April 21, 2025