804-320-5500
525 Graydon Ave, Norfolk, VA for Sale
Apartments - FOR SALE
1/9
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525 Graydon Ave
Norfolk, VA 23507
Ghent


OVERVIEW

CBRE is pleased to present 525 Graydon Ave. (“The Property”). Investors are presented with the opportunity to step into a beautifully renovated, cash-flowing opportunity in the historic neighborhood of Ghent. Norfolk’s historic Ghent neighborhood is renowned for its picturesque streets, boutique shops, and eclectic restaurants, making it a highly sought-after destination for both locals and visitors alike. As one of the city’s most vibrant and affluent neighborhoods, Ghent offers a unique blend of small-town charm and urban sophistication, with easy access to Norfolk’s scenic waterfront, vibrant arts scene, and thriving downtown area. In 2021, ownership completed a full condo-grade renovation of the entire building, replacing everything from mechanical, plumbing, and electrical systems and renovating the entirety of the units. New units include all new kitchens with quartz countertops, stainless steel appliances, soft-close cabinets, and touchless faucets, as well as new bathrooms.

FOR SALE DETAILS

PRICE

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# OF UNITS

8

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1918

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,797 SF

ZONING

HCG2

APN/PARCEL ID

32452700

ASK ABOUT THIS PROPERTY

Peyton CoxCBREMore Info
804-320-5500

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Peyton CoxCBREMore Info
804-320-5500

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