Apartment Buildings /VA /Norfolk City County /Norfolk /9324 1st View St
Apartment Buildings /VA /Norfolk City County /Norfolk /9324 1st View St

9324 1st View St - Apartments FOR SALE


Norfolk, VA 23503- West Ocean View | 
$2,325,000 USD
757-639-7989
9324 1st View St, Norfolk, VA for Sale
$2,325,000 USD
Apartments - FOR SALE
1/7
null | 8.62% Cap Rate
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9324 1st View St
Norfolk, VA 23503
West Ocean View

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HIGHLIGHTS

  • 18 Units: All One-Bedroom & One-Bathroom
  • Prime Location: Within 1 Miles of Ocean View Beach
  • Operational Value-Add Opportunity
  • Day 1 Positive Cash Flow & Positive Leverage

OVERVIEW

Marcus & Millichap is pleased to present the offering memoran¬dum for 9324 1st View Street located in Norfolk, VA. The property consists of eighteen units, all one-bedroom and one-bathroom. 9324 1st View Street was built in 1978 and situated on 0.40 acres.

FOR SALE DETAILS

PRICE

$2,325,000 USD

PRICE/SF

$235 USD /SF

# OF UNITS

18

PRICE/UNIT

$129,167

CAP RATE

8.62%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1969

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,605 SF

ZONING

MF-NS

APN/PARCEL ID

46564000

ASK ABOUT THIS PROPERTY

Altay UzunMarcus & MillichapMore Info
757-639-7989

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Altay UzunMarcus & MillichapMore Info
757-639-7989

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

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