Apartment Buildings /VA /Norfolk City County /Norfolk /6255 Alexander St
Apartment Buildings /VA /Norfolk City County /Norfolk /6255 Alexander St

6255 Alexander St - Apartments FOR SALE


Norfolk, VA 23513 | 
$1,575,000 USD
804-802-6883
6255 Alexander St, Norfolk, VA for Sale
$1,575,000 USD
Apartments - FOR SALE
1/11
null | 6.99% Cap Rate
VIEW MAP
GET DIRECTIONS

6255 Alexander St
Norfolk, VA 23513

VIEW MAP
GET DIRECTIONS

HIGHLIGHTS

  • 18 Units: Mix of One- & Two-Bedrooms
  • Within 10 minutes from Norfolk International Airport, IKEA, and Simon Premium Outlet Mall
  • Immediate organic rent growth opportunity, prime candidate for interior upgrade initiative

OVERVIEW

The property consists of eighteen units total. There are eight, one-bedroom one-bathroom units and ten, two-bedroom one-bathroom units across two , two story buildings built in 1977 and situated on 0.46 acres.

FOR SALE DETAILS

PRICE

$1,575,000 USD

PRICE/SF

$128 USD /SF

# OF UNITS

18

PRICE/UNIT

$87,500

CAP RATE

6.99%

% LEASED

94%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1977

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

MF-NS

APN/PARCEL ID

27688450

ASK ABOUT THIS PROPERTY

Jack CarrollMarcus & MillichapMore Info
804-802-6883

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

Jack CarrollMarcus & MillichapMore Info
804-802-6883

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

800-613-1303800-613-1303SitemapSitemapAdd a ListingTerms of UseCRE InformationPrivacy Policy
Copyright © 1997-2024 CoStar Realty Information, Inc.