Skip to main content

Multifamily

Sheppard Village

771 Sheppard Ave, Norfolk, VA 23518

Listing Price: $1,200,000

Cap Rate
6.73%
Number of Units
13
Price/Unit
$92,308
Price/Gross SF
$112.21
Gross SF
10,694

Investment Overview

The property features thirteen (13) units, five (5) one-bedroom one-bathroom, six (6) two-bedroom and one bathroom, one (1) three-bedroom and one-bathroom and one (1) three-bedroom and two-bathroom units in eight one story-buildings constructed between 1948 - 1969 and situated on a cumulative +/- 2.29 acres. The property’s central location affords residents easy access to Hampton Roads’ to employers.

Investment Highlights

  • 13 Units: Mix of One-bedroom to Three-bedrooms Units
  • Located near HRT Bus Line
  • 2.9 Miles from Ocean View Beach
  • 5.9 Miles from Norfolk Naval Station
  • 6.1 Miles from Downtown Norfolk
  • 10.3 Miles from Norfolk Naval Shipyard

Exclusively Listed By

Listing Price: $1,200,000

Cap Rate
6.73%
Number of Units
13
Price/Unit
$92,308
Price/Gross SF
$112.21
Gross SF
10,694

Investment Highlights

  • 13 Units: Mix of One-bedroom to Three-bedrooms Units
  • Located near HRT Bus Line
  • 2.9 Miles from Ocean View Beach
  • 5.9 Miles from Norfolk Naval Station
  • 6.1 Miles from Downtown Norfolk
  • 10.3 Miles from Norfolk Naval Shipyard

Investment Overview

The property features thirteen (13) units, five (5) one-bedroom one-bathroom, six (6) two-bedroom and one bathroom, one (1) three-bedroom and one-bathroom and one (1) three-bedroom and two-bathroom units in eight one story-buildings constructed between 1948 - 1969 and situated on a cumulative +/- 2.29 acres. The property’s central location affords residents easy access to Hampton Roads’ to employers.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower