Swell House Collective | 8 Luxury Condos
1907 Cypress Avenue, Virginia Beach, VA 23451
Portfolio Price: $5,600,000 | $700,000 Per Unit
Swell House Collective presents a unique opportunity to acquire eight luxury, townhome-style condominiums in Virginia Beach's ViBe Creative District, just blocks from the Virginia Beach Oceanfront.
Each three-story residence features three bedrooms, three and a half bathrooms, a private one-car garage, and a private rooftop deck. All eight residences have been approved for short-term rental use by the City of Virginia Beach, offering investment potential for both short-term and long-term rental strategies.
The property is ideally positioned near some of Virginia Beach's largest tourism, entertainment, and event destinations, including the beach and Oceanfront, the new $350 million Atlantic Park mixed-use development and Wavegarden surf lagoon, the Virginia Beach Convention Center, and the Virginia Beach Sports Center. The surrounding ViBe Creative District offers restaurants, breweries, art studios, shops, farmers markets, concerts, festivals, and other community events.
Property Highlights:
Eight luxury townhome-style condominiums
Three bedrooms and 3.5 bathrooms per residence
Private one-car garage and rooftop deck
Approved for short-term rental use
Walking distance to the beach and Virginia Beach Oceanfront
Near Atlantic Park and the Wavegarden surf lagoon
Near the Virginia Beach Convention Center and Sports Center
Located in the ViBe Creative District
Available as a complete portfolio, individual units, or any combination of units
The eight residences are offered as a complete portfolio for $5,600,000, individually at $700,000 per unit, or in any combination of units, providing flexibility for investors and qualifying 1031 exchange buyers.
Additional Investment Opportunity: The development also includes approximately 1,100 square feet of ground-floor commercial space with two STR-approved apartments above, separate from the eight-unit condominium portfolio. Buyers interested in purchasing the commercial space and two apartments are encouraged to call for additional information, pricing, and availability.