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Multifamily

New Market Court Apartments

600 74th St, Newport News, VA 23605

Listing Price: $960,000

Cap Rate
7.75%
Number of Units
12
Occupancy
90.0%
Price/Unit
$80,000
Price/Gross SF
$106.67
Gross SF
9,000

Investment Overview

The property consists of twelve (12) 750 SF two-bedroom one-bathroom units in one two-story building constructed in 1966 and situated on 0.48 acres. The property’s central location affords residents easy access to Hampton Roads’ top employers.

Investment Highlights

  • 2.7 Miles from Huntington Ingalls Industries/Newport News Shipbuilding
  • 4.3 Miles from Coliseum Central & Hampton Roads Convention Center
  • 5.3 Miles from Christopher Newport University

Exclusively Listed By

Multifamily

New Market Court Apartments

Listing Price: $960,000

Cap Rate
7.75%
Number of Units
12
Occupancy
90.0%
Price/Unit
$80,000
Price/Gross SF
$106.67
Gross SF
9,000

Investment Highlights

  • 2.7 Miles from Huntington Ingalls Industries/Newport News Shipbuilding
  • 4.3 Miles from Coliseum Central & Hampton Roads Convention Center
  • 5.3 Miles from Christopher Newport University

Investment Overview

The property consists of twelve (12) 750 SF two-bedroom one-bathroom units in one two-story building constructed in 1966 and situated on 0.48 acres. The property’s central location affords residents easy access to Hampton Roads’ top employers.

Exclusively Listed By

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