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Multifamily

Surfrider Apartments

1240 W Ocean View Ave, Norfolk, VA 23503

Listing Price: $5,850,000

Cap Rate
5.58%
Number of Units
32
Price/Unit
$182,813
Price/Gross SF
$135.38
Gross SF
43,212

Investment Overview

Surfrider Apartments has thirty two units across two, two-story buildings built in 1964 and situated on +/- 0.99 acres. The property features sixteen one-bedroom, one-bathroom units and sixteen two-bedroom, one-bathroom units. Amenities include hardwood flooring, carpeting, ceiling fans, stainless steel appliances in select units, in- unit W&D in select units, laundry facility, and pet friendly units.

Investment Highlights

  • Easy Access to I-64, I-564, I-264 and Hampton Roads Bridge Tunnel
  • Luxury Waterfront Apartments
  • Prime Location on the Chesapeake Bay

Exclusively Listed By

Multifamily

Surfrider Apartments

Listing Price: $5,850,000

Cap Rate
5.58%
Number of Units
32
Price/Unit
$182,813
Price/Gross SF
$135.38
Gross SF
43,212

Investment Highlights

  • Easy Access to I-64, I-564, I-264 and Hampton Roads Bridge Tunnel
  • Luxury Waterfront Apartments
  • Prime Location on the Chesapeake Bay

Investment Overview

Surfrider Apartments has thirty two units across two, two-story buildings built in 1964 and situated on +/- 0.99 acres. The property features sixteen one-bedroom, one-bathroom units and sixteen two-bedroom, one-bathroom units. Amenities include hardwood flooring, carpeting, ceiling fans, stainless steel appliances in select units, in- unit W&D in select units, laundry facility, and pet friendly units.

Exclusively Listed By

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