Multifamily
Azalea Garden Apartments
3475 Azalea Garden Rd, Norfolk, VA 23513
Listing Price: $2,000,000
Cap Rate
6.00%
Number of Units
20
GRM
6.94
Price/Unit
$100,000
Price/Gross SF
$132.31
Gross SF
15,116
Investment Overview
The property consists of twenty units total. There are twenty, one-bedroom and one-bathroom units. Azalea Garden was built in 1973 and situated on +/- 0 .54 acres.
Investment Highlights
- 20 Units: All One-Bedroom & One-Bathroom
- Central Location to Major Employers: Norfolk Air Station, Little Creek Base & Norfolk Naval Shipyard
- Easy Access to Major Transit: HRBT, CBBT & I-64
Exclusively Listed By
Financing By
Listing Price: $2,000,000
Cap Rate
6.00%
Number of Units
20
GRM
6.94
Price/Unit
$100,000
Price/Gross SF
$132.31
Gross SF
15,116
Investment Highlights
- 20 Units: All One-Bedroom & One-Bathroom
- Central Location to Major Employers: Norfolk Air Station, Little Creek Base & Norfolk Naval Shipyard
- Easy Access to Major Transit: HRBT, CBBT & I-64
Investment Overview
The property consists of twenty units total. There are twenty, one-bedroom and one-bathroom units. Azalea Garden was built in 1973 and situated on +/- 0 .54 acres.
Exclusively Listed By
Financing By