Multifamily
471 Fort Worth Avenue
471 Fort Worth Ave, Norfolk, VA 23505
Listing Price: $559,000
Cap Rate
6.35%
Number of Units
6
GRM
8.03
Price/Unit
$93,167
Price/Gross SF
$115.98
Gross SF
4,820
Investment Overview
The property consists of six units total. There are two, one-bedroom one-bathroom units and four, two-bedroom one-bathroom units across one , two story buildings built in 1982 and situated on 0.21 acres.
Investment Highlights
- 6 Units: A Mix of One- & Two-Bedrooms
- Value Add Opportunity: Some Units Have Interior Renovations Completed
- Transit Oriented: Easy Access to I-64, I-264, I-564, and Granby Street
Exclusively Listed By
Listing Price: $559,000
Cap Rate
6.35%
Number of Units
6
GRM
8.03
Price/Unit
$93,167
Price/Gross SF
$115.98
Gross SF
4,820
Investment Highlights
- 6 Units: A Mix of One- & Two-Bedrooms
- Value Add Opportunity: Some Units Have Interior Renovations Completed
- Transit Oriented: Easy Access to I-64, I-264, I-564, and Granby Street
Investment Overview
The property consists of six units total. There are two, one-bedroom one-bathroom units and four, two-bedroom one-bathroom units across one , two story buildings built in 1982 and situated on 0.21 acres.