The Roanoke times. [volume] (Roanoke, Va.) 1890-1895, 1891-05-02
A BEAUTIFUL PROPERTY.
The Cheapest and Most Desira-
BILE in Roanoke.


Roanoke Land Com pany, the prettiest
in the city.is now on the market.
The tract of land, embracing over 200
acres, is owned by VIM. NJ. wager, of
the real estate firm of w. NJ. Wager &
Co., and William Lunsford, the we'll.
known attorney.
Iii is bounded on tho north by the
Northwest Land Company; on tho south
by the Roanoke Driving Park Associa-
ton, the Elevated Plateu, Melrose
Land Company and tho Roanoke-Salsm
dummy line; on the east by the Melrose
and the Virginia Land Companies, and
on the west by the Oak Grove Land
Company
1t will be seen that this very desir-
able property Is rendered doubly valu.
able by its surroundings. 1t is in the
center of numerous attractive and popu
lar additions to the city, and on the
border of the Roanoke-Salem dummy
line. In addition, the several land
companies named in the preceding para
graph will construct belt street rail
way line, which must, owing to the
LAY OF tho land" run through the pro-
perty OF the Richmond and Roanoke
Company.
1t would be extremely difficult for
the imagination to picture a prettler or
more desirable property than we are
endeavoring TO describe. 1t abounds in
beautiful situations, and thereis not an
undesirable lot in tho entire tract.
There are several largo and valuable
orchards, and a portion of it is covered
with luxuriant growth of stately and
beautiful oaks.
From this property it is not more than
Is minutes walk to the market house,
depots and the large industrial estab-
lishments in the eastern part of the city.
The Roanoke Iron Company's furnace
and rolling mill, in tho "West End"
and tho Roanoke Development Com
pany's property, on which several large
manufacturing plants have been located,
is south of and directly opposite this
tract. The dummy line of course.
greatly lessons the distance to the bust
ness portions of the city and adds to the
desirability and value of a home in the
Richmond and Roanoke Addition.
There is another thing in favor of this
property. The price OF the lots, com
paratively speaking, is extremely low
and within reach of every man or woman
who makes it point to save money, no
matter how little. Lots, in sections
from to "a inclusive, are offered for
$3.50 each. Corner lots, S275 when only
one lot taken.
Lots in sections from o5 to As, inclu-
sivo, are 1925 each. Corners $3.50, when
only one lot taken
Lots in sections 46 to Is. inclusive,
Sou. Corners 1928, when only one lot
taken.
These prices are very liberal indeed,
and while this writer was on the ground
yesterday two men purchased 80 lots and
Will form syndicate to develop them
without delay.
A prominent business man bought 81
and will erect q handsome residence for
his family on one of them.
But the terms?
You can pay one-thiri cash; balance
in ore and two years, or you can pay SIG
cash and the remainder in monthly in
stallments of only So.
Every lot is 50x13o feet, with L.
foot alley in the rear. Every street is
go feet wide.
The low prices at which lots are Of
Tered by the Richmond and Roanoke
Land Company was the subject of very
genaral and favorable comment on the
streets yesterday. Property not SO de-
slrable and convenient sold months ago
at higher figure. Messrs. Yeager IL
Lunsford could have taken advantage
OF this to realize q large profit on their
investment, but they declined to do so,
preferring to aid men of moderate
means to acquire home.
The tread of towns is westward, and
every man who purchases lot in the
Richmond and Roanoke addition will
double his money in a short time. If
he desires to buy for the purpose of
building home, or for speculation, he
will never have as favorable an oppore
tunity as is now offered him.
Call on VIM. nj. wager g. Co., or Will
liam Lunsford, at the office of w. NJ
wager IL Co.. No. LOG Jefferson street,
and they will take pleasure in showing
you this beautiful property.