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Multifamily

9324 1st View Street

9324 1st View St, Norfolk, VA 23503

Listing Price: $2,500,000

Cap Rate
7.93%
Number of Units
18
GRM
7.49
Price/Unit
$138,889
Price/Gross SF
$252.63
Gross SF
9,896

Investment Overview

Marcus & Millichap is pleased to present the offering memorandum for 9324 1st View Street located in Norfolk, VA.

The property consists of eighteen units, all one-bedroom and one-bathroom. 9324 1st View Street was built in 1978 and situated on 0.40 acres.

Investment Highlights

  • 18 Units: All One-Bedroom & One-Bathroom
  • Prime Location: Within 1 Miles of Ocean View Beach
  • Operational Value-Add Opportunity
  • Day 1 Positive Cash Flow & Positive Leverage

Exclusively Listed By

Financing By

Multifamily

9324 1st View Street

Listing Price: $2,500,000

Cap Rate
7.93%
Number of Units
18
GRM
7.49
Price/Unit
$138,889
Price/Gross SF
$252.63
Gross SF
9,896

Investment Highlights

  • 18 Units: All One-Bedroom & One-Bathroom
  • Prime Location: Within 1 Miles of Ocean View Beach
  • Operational Value-Add Opportunity
  • Day 1 Positive Cash Flow & Positive Leverage

Investment Overview

Marcus & Millichap is pleased to present the offering memorandum for 9324 1st View Street located in Norfolk, VA. The property consists of eighteen units, all one-bedroom and one-bathroom. 9324 1st View Street was built in 1978 and situated on 0.40 acres.

Exclusively Listed By

Financing By

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