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Multifamily

1314 & 1318 Little Bay Avenue

1314 Little Bay Ave, Norfolk, VA 23503

Listing Price: $2,300,000

Cap Rate
5.91%
Number of Units
20
GRM
10.67
Price/Unit
$115,000
Price/Gross SF
$191.67
Gross SF
12,000

Investment Overview

The property is comprised of a total of twenty units. All units are one-bedroom & one-bathroom. 1314 & 1318 Little Bay were built in 1970 and is situated on 0.4046 acres.

Investment Highlights

  • 20 Units: All One-Bedroom & One-Bathroom
  • Central Location: 7.2 Miles from Norfolk Naval Station, 13.3 Miles from Norfolk Naval Shipyard & 10.8 Miles from Downtown Norfolk
  • Prime Location Near the Water
  • Value-Add Opportunity

Exclusively Listed By

Multifamily

1314 & 1318 Little Bay Avenue

Listing Price: $2,300,000

Cap Rate
5.91%
Number of Units
20
GRM
10.67
Price/Unit
$115,000
Price/Gross SF
$191.67
Gross SF
12,000

Investment Highlights

  • 20 Units: All One-Bedroom & One-Bathroom
  • Central Location: 7.2 Miles from Norfolk Naval Station, 13.3 Miles from Norfolk Naval Shipyard & 10.8 Miles from Downtown Norfolk
  • Prime Location Near the Water
  • Value-Add Opportunity

Investment Overview

The property is comprised of a total of twenty units. All units are one-bedroom & one-bathroom. 1314 & 1318 Little Bay were built in 1970 and is situated on 0.4046 acres.

Exclusively Listed By

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