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Multifamily

1314 Little Bay Avenue

1314 Little Bay Ave, Norfolk, VA 23503

Listing Price: $1,700,000

Cap Rate
5.30%
Number of Units
20
Price/Unit
$85,000
Price/Gross SF
$141.67
Gross SF
12,000

Investment Overview

The property features twenty (20) one-bedroom one-bathroom units built in 1970 and situated on 0.4046 acres. The property features carpeting & matching appliances. The property’s central location affords residences easy access to the Hampton Roads’ top employers.

Investment Highlights

  • 20 Units: All One-Bedroom & One-Bathroom
  • 7.2 Miles from Norfolk Naval Station
  • 6.2 Miles from Downtown Hampton
  • 10.8 Miles from Downtown Norfolk
  • 13.3 Miles from Norfolk Naval Shipyard
  • Prime Location Near the Water
  • Easy Accessibility to Multiple Employment Centers

Exclusively Listed By

Listing Price: $1,700,000

Cap Rate
5.30%
Number of Units
20
Price/Unit
$85,000
Price/Gross SF
$141.67
Gross SF
12,000

Investment Highlights

  • 20 Units: All One-Bedroom & One-Bathroom
  • 7.2 Miles from Norfolk Naval Station
  • 6.2 Miles from Downtown Hampton
  • 10.8 Miles from Downtown Norfolk
  • 13.3 Miles from Norfolk Naval Shipyard
  • Prime Location Near the Water
  • Easy Accessibility to Multiple Employment Centers

Investment Overview

The property features twenty (20) one-bedroom one-bathroom units built in 1970 and situated on 0.4046 acres. The property features carpeting & matching appliances. The property’s central location affords residences easy access to the Hampton Roads’ top employers.

Exclusively Listed By

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