625 W Princess Anne Rd - Apartments FOR SALE


Norfolk, VA 23517
$2,000,000 USD
804-536-6100
625 W Princess Anne Rd, Norfolk, VA for Sale
$2,000,000 USD
Apartments - FOR SALE
1/48
null | 6.09% Cap Rate

625 W Princess Anne Rd
Norfolk, VA 23517


OVERVIEW

Fully occupied brick 8 unit building. This building has had multiple units fully renovated, and has a couple others in good condition that could be value added if desired. Hardwood in almost all areas, newer kitchens, granite countertops, stainless appliances, and washer/dryer hookups in each unit. Private parking in the rear of the building. Great investment opportunity in Ghent.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$136 USD /SF

# OF UNITS

8

PRICE/UNIT

$250,000

CAP RATE

6.09%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

625 West Princess Anne Road

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1908

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

HCG2

APN/PARCEL ID

17369900

ASK ABOUT THIS PROPERTY

Jared DaviseXp RealtyMore Info
804-536-6100

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Jared DaviseXp RealtyMore Info
804-536-6100

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