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Multifamily

3230 Flanders Avenue

3230 Flanders Ave, Norfolk, VA 23509

Listing Price: $1,000,000

Cap Rate
6.07%
Number of Units
12
Price/Unit
$83,333
Price/Gross SF
$96.05
Gross SF
10,411

Investment Overview

The property consists of twelve units total. There are twelve one-bedroom one-bathroom units across one , two story building built in 1985 and situated on 0.24 acres.

Investment Highlights

  • Twelve Units: All One-Bedroom, One-Bathroom
  • Easy access to I-64, I-264, and I-464
  • Value - Add Opportunity
  • 3.6 Miles from Norfolk International Airport

Exclusively Listed By

Multifamily

3230 Flanders Avenue

Listing Price: $1,000,000

Cap Rate
6.07%
Number of Units
12
Price/Unit
$83,333
Price/Gross SF
$96.05
Gross SF
10,411

Investment Highlights

  • Twelve Units: All One-Bedroom, One-Bathroom
  • Easy access to I-64, I-264, and I-464
  • Value - Add Opportunity
  • 3.6 Miles from Norfolk International Airport

Investment Overview

The property consists of twelve units total. There are twelve one-bedroom one-bathroom units across one , two story building built in 1985 and situated on 0.24 acres.

Exclusively Listed By

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