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Multifamily

905-911 & 925 Little Bay Avenue

905 Little Bay Ave, Norfolk, VA 23503

Listing Price: $2,805,000

Cap Rate
5.38%
Number of Units
20
Price/Unit
$140,250
Price/Gross SF
$203.26
Gross SF
13,800

Investment Overview

905-911 & 925 Little Bay Avenue has twenty units across four buildings. The portfolio was built between 1949-1959 and is situated on approximately +/- 1.24 acres. There are eight studio units, eleven two-bedroom, one-bathroom units and one three-bedroom, one-bathroom units.

Investment Highlights

  • 20 Units: A Mix of Studio, Two- & Three-Bedrooms
  • 2 Properties in Close Proximity
  • Nearly All Units Renovated
  • Operational Value-Add

Exclusively Listed By

Multifamily

905-911 & 925 Little Bay Avenue

Listing Price: $2,805,000

Cap Rate
5.38%
Number of Units
20
Price/Unit
$140,250
Price/Gross SF
$203.26
Gross SF
13,800

Investment Highlights

  • 20 Units: A Mix of Studio, Two- & Three-Bedrooms
  • 2 Properties in Close Proximity
  • Nearly All Units Renovated
  • Operational Value-Add

Investment Overview

905-911 & 925 Little Bay Avenue has twenty units across four buildings. The portfolio was built between 1949-1959 and is situated on approximately +/- 1.24 acres. There are eight studio units, eleven two-bedroom, one-bathroom units and one three-bedroom, one-bathroom units.

Exclusively Listed By

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