Multifamily
400-402 Fairfax Avenue
400 Fairfax Ave, Norfolk, VA 23507
Listing Price: $1,290,000
Cap Rate
4.59%
Number of Units
6
Occupancy
96.0%
Price/Unit
$215,000
Price/Gross SF
$218.64
Gross SF
5,900
Investment Overview
The property consists of six units built in 1910 and situated on 0.1567 acres. There are four, one-bedroom one-bathroom units and two, two-bedroom one-bathroom units.
Exclusively Listed By
Listing Price: $1,290,000
Cap Rate
4.59%
Number of Units
6
Occupancy
96.0%
Price/Unit
$215,000
Price/Gross SF
$218.64
Gross SF
5,900
Investment Highlights
- Fully Renovated Turn-Key Luxury Apartments
- Easy Access to Colley Avenue, Interstate-64, Interstate-264 and the Hampton Roads Bridge Tunnel
- 6 Units: Mix of One and Two Bedrooms
Investment Overview
The property consists of six units built in 1910 and situated on 0.1567 acres. There are four, one-bedroom one-bathroom units and two, two-bedroom one-bathroom units.
Exclusively Listed By
