Multifamily
9324 1st View Street
9324 1st View St, Norfolk, VA 23503
Listing Price: $1,990,000
Cap Rate
9.13%
Number of Units
18
GRM
6.09
Price/Unit
$110,556
Price/Gross SF
$201.09
Gross SF
9,896
Investment Overview
The property consists of eighteen units total, all one-bedroom and one-bathroom. 9324 1st View Avenue was built in 1978 and situated on +/- 0.40 ac.
Exclusively Listed By
Listing Price: $1,990,000
Cap Rate
9.13%
Number of Units
18
GRM
6.09
Price/Unit
$110,556
Price/Gross SF
$201.09
Gross SF
9,896
Investment Highlights
- 18 Units: All One-Bedroom & One-Bathroom
- Prime Location: Within 1 Miles of Ocean View Beach
- Operational Value-Add Opportunity
- Day 1 Positive Cash Flow & Positive Leverage
Investment Overview
The property consists of eighteen units total, all one-bedroom and one-bathroom. 9324 1st View Avenue was built in 1978 and situated on +/- 0.40 ac.
Exclusively Listed By
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