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Multifamily

Five17 King

517 King St, Portsmouth, VA 23704

Listing Price: $3,400,000

Cap Rate
6.46%
Number of Units
20
Price/Unit
$170,000
Price/Gross SF
$28.87
Gross SF
117,760

Investment Overview

Five17 King Apartments has a rich history as it once served as a Catholic School, Elementary School, U.S. Navy Building and a YMCA. 517 King Street has twenty units across one building. The property was built in 1900 and is situated on approximately 0.52 acres. There are seventeen, one-bedroom, one-bathroom units and three, two-bedroom, two-bathroom units.

Investment Highlights

  • 20 Units: Mix of One- & Two-Bedroom Units
  • Prime Location Near Olde Towne Portsmouth
  • Easy Access to I-64, I-564, I-264 and HRBT

Exclusively Listed By

Multifamily

Five17 King

Listing Price: $3,400,000

Cap Rate
6.46%
Number of Units
20
Price/Unit
$170,000
Price/Gross SF
$28.87
Gross SF
117,760

Investment Highlights

  • 20 Units: Mix of One- & Two-Bedroom Units
  • Prime Location Near Olde Towne Portsmouth
  • Easy Access to I-64, I-564, I-264 and HRBT

Investment Overview

Five17 King Apartments has a rich history as it once served as a Catholic School, Elementary School, U.S. Navy Building and a YMCA. 517 King Street has twenty units across one building. The property was built in 1900 and is situated on approximately 0.52 acres. There are seventeen, one-bedroom, one-bathroom units and three, two-bedroom, two-bathroom units.

Exclusively Listed By

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