2500 Leo St - Apartments FOR SALE


Norfolk, VA 23504- Lindenwood
$2,600,000 USD
757-675-5164
2500 Leo St, Norfolk, VA for Sale
$2,600,000 USD
Apartments - FOR SALE
1/11
null | 6.83% Cap Rate

2500 Leo St
Norfolk, VA 23504
Lindenwood


OVERVIEW

Attention Investors! 19 out of 24 units are tenant occupied. The 15 units not reflected on data input have identical specs to the listed units. No showings without a ratified contract. Please make offer contingent upon seeing inside of units. Please do not disturb the tenants under any circumstances. Current total monthly rent on this building is $21,225.00. The seller will break up this portfolio and sell the properties individually.

FOR SALE DETAILS

PRICE

$2,600,000 USD

PRICE/SF

$144 USD /SF

# OF UNITS

24

PRICE/UNIT

$108,333

CAP RATE

6.83%

% LEASED

82%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

2500 Leo Street Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1969

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.93 AC

LAND SF

40,528 SF

ZONING

SF-T

APN/PARCEL ID

23911700

ASK ABOUT THIS PROPERTY

Christian PhillipsInlet Realty and Property ManagementMore Info
757-675-5164

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Christian PhillipsInlet Realty and Property ManagementMore Info
757-675-5164

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