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Multifamily

10710 & 10714 Jefferson Avenue & 500 Powellville Lane

10710 Jefferson Ave, Newport News, VA 23601

Listing Price: $1,700,000

Cap Rate
6.51%
Number of Units
17
GRM
7.83
Price/Unit
$100,000
Price/Gross SF
$153.85
Gross SF
11,050

Investment Overview

Marcus & Millichap is pleased to present the offering memorandum for 10710 Jefferson Avenue Newport News, VA 23061. The portfolio consists of seventeen units total. There are three, studio units, twelve, one-bedroom and one-bathroom units and two, two-bedroom and one-bathroom units. 10710 Jefferson Avenue was built in 1960 and situated on 0.32 ac.

Investment Highlights

  • Favorable Unit Mix: Studio, One- & Two-Bedroom
  • Fully Renovated Units
  • Turnkey Property
  • Centralized Location: Minutes from Newport News Shipyard, Christopher Newport University, HRBT & I-64

Exclusively Listed By

Multifamily

10710 & 10714 Jefferson Avenue & 500 Powellville Lane

Listing Price: $1,700,000

Cap Rate
6.51%
Number of Units
17
GRM
7.83
Price/Unit
$100,000
Price/Gross SF
$153.85
Gross SF
11,050

Investment Highlights

  • Favorable Unit Mix: Studio, One- & Two-Bedroom
  • Fully Renovated Units
  • Turnkey Property
  • Centralized Location: Minutes from Newport News Shipyard, Christopher Newport University, HRBT & I-64

Investment Overview

Marcus & Millichap is pleased to present the offering memorandum for 10710 Jefferson Avenue Newport News, VA 23061. The portfolio consists of seventeen units total. There are three, studio units, twelve, one-bedroom and one-bathroom units and two, two-bedroom and one-bathroom units. 10710 Jefferson Avenue was built in 1960 and situated on 0.32 ac.

Exclusively Listed By

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