Ocean View Apt | 71 Unit Apartment Portfolio

9634 1st Bay St., Norfolk, VA

   SOLD!   

$4,943,900

Price

7.28%

Cap Rate

$360,130

NOI

Overview
Cap Rate
7.28%
NOI
$360,130
Cash-on-Cash
7.28%
Occupancy
95%
Units
71
GRM
7.82
Price Per Sqft
$94.19
Price Per Unit
$69,632
Description

● 71 Unit Apartment Portfolio - Great Investment

● Excellent Redevelopment Potential

● 95% Occupied - Multiple Properties

● Mostly Brick Construction

Documents
Title
Offering Memorandum
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Location
Gallery