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Multifamily

9603 & 9607 11th Bay

9603 11th Bay St, Norfolk, VA 23518

Listing Price: $1,450,000

Cap Rate
6.54%
Number of Units
5
Price/Unit
$290,000
Price/Gross SF
$381.98
Gross SF
3,796

Investment Overview

The property features eighteen (18) one-bedroom one-bathroom units in two two-story buildings built in 1975 and situated on 0.34 acres.

Investment Highlights

  • Located Near the Water on the Chesapeake Bay
  • Close Proximity to Schools, Higher Education Institutions, Employment Center, Shopping and Retail Amenities
  • Convenient Access to Major Transportation Arteries Including Route 60, Route 13 and Interstate 64
  • Amenities Include: Ample Off- Street Parking for Tenants and Guests and Matching Kitchen Appliances
  • 4.4 Miles from Norfolk International Airport

Exclusively Listed By

Listing Price: $1,450,000

Cap Rate
6.54%
Number of Units
5
Price/Unit
$290,000
Price/Gross SF
$381.98
Gross SF
3,796

Investment Highlights

  • Located Near the Water on the Chesapeake Bay
  • Close Proximity to Schools, Higher Education Institutions, Employment Center, Shopping and Retail Amenities
  • Convenient Access to Major Transportation Arteries Including Route 60, Route 13 and Interstate 64
  • Amenities Include: Ample Off- Street Parking for Tenants and Guests and Matching Kitchen Appliances
  • 4.4 Miles from Norfolk International Airport

Investment Overview

The property features eighteen (18) one-bedroom one-bathroom units in two two-story buildings built in 1975 and situated on 0.34 acres.

Exclusively Listed By

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