703-663-6225
1027 Tivoli Cres, Virginia Beach, VA for Sale
Apartments - FOR SALE
1/15
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1027 Tivoli Cres
Virginia Beach, VA 23453


HIGHLIGHTS

  • Best-in-Class Submarket Drives Durable Returns
  • Virginia Beach Submarket Rent Growth & Occupancy Performance
  • Leasing Trends Trailing Top-Of-Market Competitor
  • Recent CapEx Enables High-ROI Value Creation
  • Clear Runway to Drive Rent Growth & Close Rental Gap

OVERVIEW

Newmark is pleased to present, Tivoli Apartments, a compelling value-add investment opportunity in one of Virginia Beach’s most established and affluent residential corridors. The property is demonstrating strong near-term leasing momentum, with new leases executed over the past 30 days averaging 9.7% above current in-place rents. Despite this recent performance, average rents remain approximately $481 below top-of-market competitors, providing a clear and measurable runway for continued rent growth.

FOR SALE DETAILS

PRICE

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# OF UNITS

140

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tivoli Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1972

PARKING SPACES

200

LAND DETAILS

LAND ACRES

9.23 AC

LAND SF

402,059 SF

ZONING

PDH1

APN/PARCEL ID

1486-81-3238

ASK ABOUT THIS PROPERTY

Amanda ArcherNewmarkMore Info
703-663-6225

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Amanda ArcherNewmarkMore Info
703-663-6225

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.