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Multifamily

717 Guy Avenue

717 Guy Ave, Norfolk, VA 23505

Listing Price: $4,000,000

Cap Rate
7.99%
Number of Units
32
GRM
7.94
Price/Unit
$125,000
Price/Gross SF
$187.79
Gross SF
21,300

Investment Overview

Marcus & Millichap is pleased to offering memorandum for 717 Guy Avenue located in Norfolk, VA.

The property consists of thirty-two units total. There are twenty-two, one-bedroom and one-bathroom units and ten, two-bedroom and one-bathroom units. 717 Guy Avenue was built in 1975 and situated on 2.08 ac.

Investment Highlights

  • 32 Units: A Mix of One- & Two-Bedroom
  • RENOVATED UNITS All interiors have been fully renovated with new cabinets, flooring, tiles and fresh paint
  • TRANSIT ORIENTED Easy access to I-64, I-264, I-564, and Granby Street

Exclusively Listed By

Multifamily

717 Guy Avenue

Listing Price: $4,000,000

Cap Rate
7.99%
Number of Units
32
GRM
7.94
Price/Unit
$125,000
Price/Gross SF
$187.79
Gross SF
21,300

Investment Highlights

  • 32 Units: A Mix of One- & Two-Bedroom
  • RENOVATED UNITS All interiors have been fully renovated with new cabinets, flooring, tiles and fresh paint
  • TRANSIT ORIENTED Easy access to I-64, I-264, I-564, and Granby Street

Investment Overview

Marcus & Millichap is pleased to offering memorandum for 717 Guy Avenue located in Norfolk, VA. The property consists of thirty-two units total. There are twenty-two, one-bedroom and one-bathroom units and ten, two-bedroom and one-bathroom units. 717 Guy Avenue was built in 1975 and situated on 2.08 ac.

Exclusively Listed By

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