Norfolk 6-Property Portfolio Multi-Family FOR SALE


Norfolk, VA - Park Place
$1,995,000 USD
757-773-6603
, Norfolk, VA for Sale
$1,995,000 USD
Multi-Family - FOR SALE
1/6
null | 6.95% Cap Rate

Norfolk 6-Property Portfolio
Norfolk, VA
Park Place


HIGHLIGHTS

  • Centrally located
  • Gross Annual Rental Income: $138,881

OVERVIEW

Rare opportunity to acquire a six-property rental portfolio in Norfolk, Virginia, consisting of two duplexes and four single-family homes located in high-demand rental corridors. This portfolio offers immediate income with long-term upside. With a diversified asset mix and strong rental demand driven by proximity to military bases, major employers, and universities, this is an ideal acquisition for investors looking to scale quickly in a stable market. • Purchase Price: $1,995,000 • Gross Annual Rental Income: $138,881 • Strong historical occupancy • Diversified unit mix (duplex + single-family) • Value-add potential through rent optimization • Portfolio scale with single acquisition This is a strategic opportunity to acquire multiple income-producing assets in one transaction with the ability to increase returns over time. Portfolio is being offered as a package. Financials, rent roll, and additional due diligence materials available upon request.

ASK ABOUT THIS PROPERTY

Ashley FortesBerkshire Hathaway Home Services & Select RealtyMore Info
757-773-6603

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Ashley FortesBerkshire Hathaway Home Services & Select RealtyMore Info
757-773-6603

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