401 Maryland Ave - Apartments FOR SALE


Portsmouth, VA 23707
$1,100,000 USD
757-675-5164
401 Maryland Ave, Portsmouth, VA for Sale
$1,100,000 USD
Apartments - FOR SALE
1/16
null | 6.91% Cap Rate

401 Maryland Ave
Portsmouth, VA 23707


OVERVIEW

Investors—don’t miss this one! Well-situated 10-unit apartment building in the desirable Port Norfolk area, tenant-occupied and generating steady income. No showings prior to a ratified contract. Please submit offers contingent upon interior access. **Do not disturb tenants under any circumstances.** Full portfolio summary available upon request. The seller will break up this portfolio and sell the properties individually.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$152 USD /SF

# OF UNITS

10

PRICE/UNIT

$110,000

CAP RATE

6.91%

% LEASED

80%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1985

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,326 SF

ZONING

HR

APN/PARCEL ID

0134-0280

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.