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Multifamily

5537 Iowa Avenue

5537 Iowa Ave, Norfolk, VA 23513

Listing Price: $1,250,000

Cap Rate
5.89%
Number of Units
15
Price/Unit
$83,333
Price/Gross SF
$137.06
Gross SF
9,120

Investment Overview

The property consists of fifteen one-bedroom one-bathroom units in two, two-story buildings constructed in 1971 and situated on 0.3915 acres.

Investment Highlights

  • 15 Units: All One-Bedroom & One-Bathroom
  • Easy Access to I-64, I-264 and I-464
  • Close Proximity to Old Dominion University

Exclusively Listed By

Multifamily

5537 Iowa Avenue

Listing Price: $1,250,000

Cap Rate
5.89%
Number of Units
15
Price/Unit
$83,333
Price/Gross SF
$137.06
Gross SF
9,120

Investment Highlights

  • 15 Units: All One-Bedroom & One-Bathroom
  • Easy Access to I-64, I-264 and I-464
  • Close Proximity to Old Dominion University

Investment Overview

The property consists of fifteen one-bedroom one-bathroom units in two, two-story buildings constructed in 1971 and situated on 0.3915 acres.

Exclusively Listed By

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