2 Colonial Place
$750,000
2 Colonial Place, Newport News, VA 23601
0.34 acres
Lot Area
Details:
Description:
This portfolio contains five properties. The properties are in mixed use zoned, but have been occupied for residential use for many years. The portfolio is being sold below appraised value and is being sold “as is, where is”. An information package can be obtained once a Confidentiality Agreement has been signed. The properties are tenant occupied, and the tenants are not to be disturbed. This property is best for an investor that has the ability to secure the property with cash, and has knowledge and skills in construction or access construction assistance, as the value add component of the investment is improving the property. The location is excellent, and with improvements for this portfolio can perform well to resale, and/or retain for rental income. Contingencies for financing and/or bank appraisals will not be accepted. Owner financing is not available.
2 Colonial Place- 2159SF
10370 Warwick Blvd- 768SF
10368 Warwick Blvd- 832SF
107 Tyler Ave- 683SF
111 Tyler Ave- 953SF
Listing ID: 4a8c76bd-9dc6-4d8f-aab8-92a0e82b6bb8
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Location
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