Skip to main content

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.

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

Exclusively Listed By

Multifamily

400-402 Fairfax Avenue

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

MM Texture Background
MM Textured Background Lower